Creating Formulas
When you select a cell, column, or row containing a formula, you can apply a unique formula to that cell. When you create formulas, keep in mind the following points:
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                        Use row or column formulas as opposed to cell formulas whenever possible. 
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                        Use reference properties instead of functions when possible. Rows, columns, or cell references can have a property associated with them. For example, the row reference: [1:5].sumproduces the same result as using the Sum function;Sum([1:5]). However, the first formula executes faster since it is being used as a reference property.
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                        Avoid using cross-axis references and consider using a cell reference if possible. 
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                        Use parentheses only when necessary. Improper use of parentheses can result in unnecessary evaluation iterations within the evaluation routine of the calculation engine. 
To create a formula:
 to validate the formula.
 to validate the formula.