Within Excel there are many functions that allow you to calculate mathematical operations and facilitate many jobs in the tables that we formulate. Some of them are the INV.CHICUAD and INV.CHICUAD.CD functions , which have a special specification within Excel programming.
In Excel you can also talk about the CODE function , which helps to simplify many formulas within the same program. This is one of many examples of the usefulness of Excel and how much can be achieved to save time.
Learn with us about the usefulness of the INV.CHICUAD and INV.CHICUAD.CD functions and the advantages of using them quite frequently.
Usefulness of the INV.CHICUAD and INV.CHICUAD.CD functions within Excel
First, the INV.CHICUAD function is different from the INV.CHICUAD.CD function, but with a similar basis for calculation. Both work with the inverse of the probability of the chi-square distribution , considering the mathematical degrees of freedom.
The difference is that the INV.CHICUAD function is used for the left queues in a respective table . For its part, the INV.CHICUAD.CD function is based on the queues on the right , which must always be considered.
The use of the chi square distribution is aimed at understanding the variations of a certain percentage when calculating. It explains the different statistical phenomena that can be collected from any event for a set and determined time.
It is important that the use of this function is aimed at numerical values , otherwise it throws an error. Similarly, the probability value cannot be less than 0 but not greater than 1.
One of the mandatory elements that functions use to work are the degrees of freedom , as we mentioned earlier. Therefore, they must be whole numbers, because when they are not, the operation is not performed correctly.
It is also essential that the values of these degrees of freedom are greater than 1 and also less than 10 ^ 10. If not, the final calculation will be invalid and the function will throw an error when processing it.
Said mentioned errors are the most common that occur when trying to perform such a calculation in Excel. Others can occur, so we must be careful when loading the data and making the formulas to make them work.
There are also other important features within this program that users must know to take full advantage of the tool.
Other important functions and features when working within Excel
There are also other functions that can be used to analyze ranges of data and help to understand deviations in data. They are the DEVIA2 and DEVPROM functions , and they are very easy to use within Excel and its programming.
For companies, there is a very useful function called AMOUNT RECEIVED , within the calculations of finance and economics. It allows manipulating data and parameters related to values and amounts acquired , in addition to being quite useful for counting days.
Excel is a Windows tool that is programmed to understand basic and complex calculations , with fairly simple mathematical formulas. Just learn to apply them at the exact times where they are required, and greatly facilitate operations.
It is very easy to find all these formulas on the Internet, even on the official Microsoft Excel page , where they explain everything. They mention the details of each function, how to use it and other quite important characteristics of each one of them, avoiding errors.
All this is very useful mainly for companies that need to make digital records of their financial and economic movements . They also allow you to check each of the transactions carried out to give them formality and protect them from any fraudulent changes or modifications.
The accountants and business managers are professionals who often use Excel for their jobs and basic tasks set. Despite the fact that Excel can be somewhat complicated for many, constant practice can help you know how to use it.
In Look how it’s done we have articles that specifically talk about functions within Excel. You can consult them so that you learn much more about this very useful tool, especially in activities with calculations and operations.
