INDEX function together with MATCH function
Formula Description:
MATCH(F2, C:C, 0): TheMATCHfunction searches for the value in cell F2 within the range C:C (Column C) and returns the relative position of that value. The0as the third argument signifies an exact match.INDEX(B:B, ...): TheINDEXfunction, when combined with the result of theMATCHfunction, retrieves the value in column B corresponding to the position found byMATCH.
Purpose and Usage:
This formula is commonly used for:
Lookup Operations: It's an efficient way to look up a value in one column (Column C in this case) and retrieve a corresponding value from another column (Column B).
Dynamic Retrieval: The combination of
INDEXandMATCHmakes the formula dynamic. If the position of the lookup value changes, the formula adapts to return the correct corresponding value.Error Handling: If there's no match (e.g., if the value in F2 is not found in Column C), the formula returns an error. This can be handled using additional functions like
IFERRORif necessary.Data Relationships: It helps establish relationships between different columns in your data, providing a powerful tool for data analysis and reporting.
Video link: https://youtu.be/_fHs_JIOEmk
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