Explanation

A pre-programmed formula in Excel is also called a function. Functions are predefined formulas that perform calculations using specific values (arguments) in a set order, allowing users to easily perform various operations without having to write complex equations from scratch. Key points about functions in Excel: Pre-built: They are already available within Excel, ready to be used. Variety of operations: Excel has functions for simple calculations like addition, average, count, as well as more complex operations. Syntax: To use a function, you type its name followed by the required arguments within parentheses, separated by commas.