what is sumproduct in excel
SUMPRODUCT is a function in Microsoft Excel that allows you to multiply corresponding elements in one or more arrays, and then add up the products to get a single result. It is a powerful tool for data analysis, and can be used to perform a wide range of calculations on large data sets.
The syntax of the SUMPRODUCT function is as follows:
=SUMPRODUCT(array1, [array2], ...)
Here's what each argument means:
- array1: The first array or range of cells that you want to multiply and sum.
- array2 (optional): Additional arrays or ranges of cells that you want to multiply and sum.
The SUMPRODUCT function works by multiplying corresponding elements in each array, and then adding up the products. For example, if you have two arrays A and B, the SUMPRODUCT function will perform the following calculation:
SUMPRODUCT(A, B) = A1 * B1 + A2 * B2 + ... + An * Bn
Here's an example of how to use the SUMPRODUCT function. Let's say you have a table of sales data for different products, and you want to find the total revenue for a specific product. Here's what the data might look like:
A B C
1 Product Price Quantity
2 A 10 100
3 B 15 150
4 C 20 200
5 A 25 250
6 B 30 300
7 C 35 350
=SUMPRODUCT((A2:A7="B")*(B2:B7)*(C2:C7))
In this example, (A2:A7="B") is a logical expression that returns an array of TRUE and FALSE values indicating whether each row contains the product "B". The multiplication of this logical array by the price and quantity arrays results in an array of revenue values, with zeros for any rows where the product is not "B". Finally, the SUMPRODUCT function adds up the revenue values to get the total revenue for product B, which is 11,250.
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