What is the function of VLOOKUP and if formula in MS Excel?

What is the function of VLOOKUP and if formula in MS Excel?

VLOOKUP is a powerful function to perform lookup in Excel. It performs a row-wise lookup until a match is found. The IF function performs a logical test and returns one value for a TRUE result, and another for a FALSE result.

What is VLOOKUP and Hlookup in Excel?

VLOOKUP allows you to search a data range that is set up vertically. HLOOKUP is the exact same function, but looks up data that has been formatted by rows instead of columns. LOOKUP and related functions are commonly used for business analytics in Excel as a way of slicing and dicing data for analysis.

How does a VLOOKUP work?

The VLOOKUP function performs a vertical lookup by searching for a value in the first column of a table and returning the value in the same row in the index_number position. As a worksheet function, the VLOOKUP function can be entered as part of a formula in a cell of a worksheet.

Can we use VLOOKUP and if function together in Excel?

Vlookup is a reference function while if is a conditional statement in excel, these both functions are combined together to find out certain value which meets the criteria and also match the reference value, based on the results of Vlookup function If statements display the result, in other words, we nest Vlookup in If …

Why do we use VLOOKUP function in Excel?

When you need to find information in a large spreadsheet, or you are always looking for the same kind of information, use the VLOOKUP function. VLOOKUP works a lot like a phone book, where you start with the piece of data you know, like someone’s name, in order to find out what you don’t know, like their phone number.

What is the benefit of VLOOKUP?

A VLOOKUP can lookup data automatically instead of a person having to do it manually, so time-saving is the first benefit that springs to mind. How much time a VLOOKUP can save depends on the amount of time it takes a person to look up the data manually, how many records are being looked up and whether…

Why do we use VLOOKUP function?

How do we use VLOOKUP in Excel?

How to use VLOOKUP in Excel

1. Click the cell where you want the VLOOKUP formula to be calculated.
2. Click Formulas at the top of the screen.
3. Click Lookup & Reference on the Ribbon.
4. Click VLOOKUP at the bottom of the drop-down menu.
5. Specify the cell in which you will enter the value whose data you’re looking for.

What is better than VLOOKUP?

When deciding between which vertical lookup formula to use, the majority of Excel experts agree that INDEX MATCH is a better formula than VLOOKUP. However, many people still resort to using VLOOKUP because it’s a simpler formula.

What is the difference between VLOOKUP and Excel formulas?

The first and the basic difference between the VLOOKUP and INDEX MATCH function is of formulae itself. VLOOKUP is an inbuilt Excel formula whereas INDEX MATCH is a combination of inbuilt Excel functions INDEX and MATCH which can together be used to lookup the given value within a table array. 2.

When would you use VLOOKUP in Excel?

Excel VLOOKUP function can be used when you need to look up the values in the specific table and check it against the other data fields for comparison purpose. VLOOKUP stands for Vertical lookup, used to find specific data from the datasheet.

What is VLOOKUP good for?

Vlookup (V stands for ‘Vertical’) is an in-built function in excel which allows establishing a relationship between different columns of excel. In other words, it allows you to find (look up) a value from one column of data and returns it’s respective or corresponding value from another column.

How does VLOOKUP works?

How VLOOKUP works. VLOOKUP is a function to lookup up and retrieve data in a table. The “V” in VLOOKUP stands for vertical, which means the data in the table must be arranged vertically, with data in rows. (For horizontally structured data, see HLOOKUP).