As a data analyst, a significant part of your work involves using Excel. Inevitably, you will encounter errors while working with formulas and functions. The key is to understand what causes these errors and how to fix them effectively.
In the upcoming videos, you will learn about the most frequent Excel errors and the methods to correct them.
In the previous video, you learned about some frequent Excel errors, including:
- #NAME? – Occurs when a referenced name does not exist.
- #N/A – Appears when a function or lookup cannot find the value.
Some ways to handle these errors include:
- IFNA – Use this to replace #N/A with a default value.
- IFERROR – Use this to replace any error with a default value.
In the next video, you will explore additional techniques for correcting errors. In large Excel workbooks, errors often arise from incorrect references or changes in referenced cells.
The Formulas tab in the Excel Ribbon provides several options to help identify and correct errors:
- Evaluate Formula: Step through complex formulas to debug each component individually.
- Error Checking: Automatically locate errors in formulas.
- Show Formulas: Display all formulas in the worksheet instead of the calculated values.
Additional Reading: You can learn more about tools for investigating and resolving common Excel errors by visiting the Help on Common Errors in Excel page.