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The CHOOSE function allows you to enter an index number and return a value based on that index. It's used regularly for applying different scenarios to business forecasting.
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applying different scenarios
to our forecasting tools.
0:00
In this example we're looking
at a very simple business,
0:02
we have sales, costs, then profit or loss.
0:05
We can use the CHOOSE function to
determine how different amounts of sales
0:11
will impact our profit or loss.
0:14
So here, we've entered CHOOSE,
then we have the index number,
0:16
B13, in this case B13,
then all the different indexes.
0:22
So, let's retype this formula so
we can learn it together.
0:27
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