I have 3 ranges of numbers and the answer depends on the range.
75-79=0.255
80-84=0.327
85+ =0.559
I tried to create an equation that accounts for the ranges, however Excel states that I have entered too many arguments for this function. Below is the equation that I entered that is not working. (X2 contains the number)
=IF(X2=75,X2<=79,0.255,IF(X2=80,X2<=84,0.327,IF(X2>=85,0.559,0)))
I also tried to enter the range of numbers into another sheet - Age, and got an error #Value!.
=IF(X2=Age!A1:A5,0.257,IF(X2=Age!A6:A10,0.327,IF(X2=Age!A11:A33,0.559,0)))
It is possible to nest multiple IF functions within one Excel formula. You can nest up to 7 IF functions to create a complex IF THEN ELSE statement. TIP: If you have Excel 2016, try the new IFS function instead of nesting multiple IF functions.
When you combine each one of them with an IF statement, they read like this: AND – =IF(AND(Something is True, Something else is True), Value if True, Value if False) OR – =IF(OR(Something is True, Something else is True), Value if True, Value if False) NOT – =IF(NOT(Something is True), Value if True, Value if False)
=IF(X2>=85,0.559,IF(X2>=80,0.327,IF(X2>=75,0.255,-1)))
Explanation:
=IF(X2>=85, 'If the value is in the highest bracket
0.559, 'Use the appropriate number
IF(X2>=80, 'Otherwise, if the number is in the next highest bracket
0.327, 'Use the appropriate number
IF(X2>=75, 'Otherwise, if the number is in the next highest bracket
0.255, 'Use the appropriate number
-1 'Otherwise, we're not in any of the ranges (Error)
)
)
)
You need to use the AND function for the multiple conditions:
=IF(AND(A2>=75, A2<=79),0.255,IF(AND(A2>=80, X2<=84),0.327,IF(A2>=85,0.559,0)))
Your formula should be of the form =IF(X2 >= 85,0.559,IF(X2 >= 80,0.327,IF(X2 >=75,0.255,0))). This simulates the ELSE-IF operand Excel lacks. Your formulas were using two conditions in each, but the second parameter of the IF formula is the value to use if the condition evaluates to true. You can't chain conditions in that manner.
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