I need some one expert in excel formulas to explain the meaning of equations similar to these
He should have some knowledge about the forecasting and tell me if these equations are correct or not.
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The If Function has three parts. these are the criteria, value if true and value if false. Its like if Robin is a Boy, he is Handsome, if not then he is beautiful.
The formula you have write is consiste of nested if with multiple logical conditions with OR function. i have experience with this kind of formulation as i have worked as data analyst.