Question

The third calculation Alex wants to make is to determine the total payments for the policy type of the client he is looking up, which now appears in cell J6. Calculate the total payments for a policy type as follows:

a. In cell K7, begin to enter a formula using the DSUM function.
b. Use structured references to the [#Headers] and [#Data] in the Clients table to specify the formula database.
c. Use a structured reference to the Payment field header to specify the field to summarize.
d. Use the values in the range J5:J6 as the criteria.

Answer 1

To calculate the total payments for a policy type using the DSUM function in Excel, put the function in cell K7, reference the database using structured references to the Clients table, specify the 'Payment' field to summarize, and d) use the range J5:J6 as criteria.

Step-by-step explanation:

The DSUM function is used in Excel to calculate the sum of a column in a database that matches specified criteria. To use this function for Alex's third calculation, follow these steps:

1. In cell K7, begin to enter the formula using the DSUM function.
2. Use structured references to the [#Headers] and [#Data] in the Clients table to specify the formula database.
3. Specify the field to summarize by using a structured reference to the Payment field header.
4. The criteria range will be the values in the range J5:J6.

An example of such a formula might look like =DSUM(Clients[#Data], Clients[[#Headers],[Payment]], J5:J6), where 'Clients' is the name of the table, 'Payment' is the name of the column to be summed, and 'J5:J6' contains the criteria for filtering the data.

Answer 2

The question is about using the DSUM function in Excel to calculate the total payments for a certain policy type. The formula in cell K7 will utilize structured references to the Clients table's headers and data, the Payment field, and a specified criteria range, which are the conditions for the function.

Step-by-step explanation:

The student's question concerns how to use the DSUM function in Microsoft Excel to calculate the total payments for a specific policy type in a clients database. To perform this calculation, in cell K7, you would start entering the DSUM function formula. This function will require a database, a field, and a criteria range to work correctly:

• The database would be the range of cells that make up the Clients table, utilizing structured references for both the headers ([#Headers]) and the data ([#Data]).
• The field is the name of the column in the Clients table from which to sum data, which would be specified using a structured reference to the Payment field header.
• The criteria are the conditions that determine which rows in the database will be included in the operation, denoted by values in the range J5:J6.

The structured references make the formula dynamic and easy to read, which is particularly useful when dealing with structured data in Excel tables.