The Complete Excel Guide: Beginners to Advanced - VLOOKUPS

The video tutorial explains the use of VLOOKUP and HLOOKUP functions in Excel. It demonstrates how to use VLOOKUP to calculate bonuses for salespeople by comparing their totals to a bonus table. The tutorial covers naming ranges, setting up formulas, and understanding function arguments. It also highlights the importance of sorting tables in ascending order for VLOOKUP to work correctly. The video concludes with a practical example and encourages practice for better understanding.

What is the primary difference between VLOOKUP and HLOOKUP in Excel?

• VLOOKUP is faster than HLOOKUP.

• VLOOKUP is used for numbers, HLOOKUP for text.

• VLOOKUP searches vertically, while HLOOKUP searches horizontally.

• VLOOKUP requires more columns than HLOOKUP.

Why is it recommended to name the table range when setting up a VLOOKUP?

• To make the formula easier to read and manage.

• To ensure the table is always visible.

• To automatically sort the table.

• To prevent Excel from crashing.

What must be true about the table for VLOOKUP to function correctly?

• The table must be named 'VLOOKUP'.

• The table must contain only numbers.

• The table must be on the same sheet.

• The table must be sorted in ascending order.

Which column index number should you use in VLOOKUP to retrieve data?

• The first column of the table.

• The last column of the table.

• The column with the highest values.

• The column number where the data is located.

What does leaving the range lookup argument blank in VLOOKUP do?

• It sorts the table.

• It returns an error.

• It finds an exact match.

• It finds the closest match.

In the practical example, what bonus does Hanover receive?

• 8

• 5

• 10

• 2

What is a key takeaway about practicing VLOOKUP?

• It is only for advanced users.

• It is not necessary to practice.

• It is only useful for large datasets.

• Practice makes it easier to use.