Microsoft Excel Tutorial: Relative vs Absolute Cell Reference in Formulas

The session explains the difference between relative and absolute cell references in formulas. Relative cell references change when copied, while absolute references remain fixed. Examples demonstrate how to use each type, with a focus on fixing the hourly rate in a formula using absolute references. The session concludes with a practical application and encourages practice for better understanding.

In the example provided, what is the significance of pressing F4 after selecting a cell?

Why is it important to understand the difference between relative and absolute cell references?