SUMPRODUCT Function in Excel | Practical Examples | What is the difference from SUMIF?
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In this Excel video lesson, we'll learn about the SUMPRODUCT function in Excel with several practical and real-world examples from everyday life and the job market. We'll also learn the difference between the Excel SUMIF formula and the SUMPRODUCT formula in an Excel spreadsheet. As the name suggests, the SUMPRODUCT function adds the multiplications performed in an Excel table matrix.
We'll see how to use the SUMPRODUCT function to add products with several different conditions, multiple criteria, with different practical examples, etc.
We can say that the SUMPRODUCT function in Excel is an improvement on the Excel SUMIF function because we can add products with multiple conditions and still have missing information.
We can use SUMPRODUCT to add the product of the corresponding values in one or more matrices in an Excel spreadsheet.
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