What are Excel formulas, and how do they differ from functions?

Excel Formulas: Excel formulas are expressions used to perform calculations or manipulate data in Microsoft Excel. These expressions can consist of numbers, operators, cell references, and functions. Formulas are primarily used to perform mathematical and logical operations within a cell or across multiple cells. Here's an in-depth explanation of Excel formulas: 1. Components of a Formula: - Numbers: Formulas can contain numerical values, such as constants (e.g., `5`) or cell references (e.g., `A1`). - Operators: Excel supports various operators, including arithmetic operators (+, -, *, /), comparison operators (>, <, =), and logical operators (AND, OR, NOT). - Cell References: You can reference other cells in your formula by specifying their location, such as `A1`, `B2`, or even entire ranges like `A1:A10`. - Functions: Formulas often include built-in Excel functions (e.g., `SUM`, `AVERAGE`, `IF`, `VLOOKUP`) that perform specific tasks or calculations. 2. Mathematical and Logical Operations: - Formulas are commonly used for mathematical operations like addition, subtraction, multiplication, division, exponentiation, and more. - Logical operations allow you to evaluate conditions an....