+ Reply to Thread
Results 1 to 7 of 7

Assumptions and Threshold?

  1. #1
    Registered User
    Join Date
    10-22-2010
    Location
    San Diego, CA
    MS-Off Ver
    Excel 2003
    Posts
    3

    Question Assumptions and Threshold?

    I have as assignment that requires an IF statement: =IF(PercentChange>Threshold,PercentChange-Threshold,0) I don't understand the "threshold" concept. There is only a statement that Assumptions: Threshold - 10%.

    Can anyone give me some information about using assumptions or thresholds?

    Thank you!

  2. #2
    Forum Guru
    Join Date
    03-02-2006
    Location
    Los Angeles, Ca
    MS-Off Ver
    WinXP/MSO2007;Win10/MSO2016
    Posts
    12,617

    Re: Assumptions and Threshold?

    THRESHOLD 1: A level, point, or value above which something is true or will take place and below which it is not or will not.
    THRESHOLD 2: end, boundary; specifically the place or point of entering or beginning.

    Therefore, if the threshold is 10%, anything greater would cause/trigger some action, result or calculation to occur. Thus, "threshold" is not a concept, it is, rather, a switch that is either on or off.
    ----------------------
    GIVEN:
    Threshold: 15%
    %change: 21 %
    Action: perform calculation since %∆ > Threshold

    GIVEN:
    Threshold: 7.5%
    %change=1.1%
    Action: Do nothing (i.e., return the threshold value since %∆ is less)
    Last edited by protonLeah; 10-22-2010 at 04:05 PM. Reason: added example
    Ben Van Johnson

  3. #3
    Registered User
    Join Date
    10-22-2010
    Location
    San Diego, CA
    MS-Off Ver
    Excel 2003
    Posts
    3

    Re: Assumptions and Threshold?

    OK. That makes sense. How do set up this threshold?

  4. #4
    Forum Guru
    Join Date
    08-05-2004
    Location
    NJ
    MS-Off Ver
    365
    Posts
    13,582

    Re: Assumptions and Threshold?

    Could be a lot of things. Hard to tell without an example of your data (upload an example spreadsheet). For example, maybe you are looking for an IF statement like so where your Threshold in a constant in cell A1
    =IF($A$1>10%, SUM(B1:B10),"")
    Hope that helps.
    ChemistB
    My 2?

    substitute commas with semi-colons if your region settings requires
    Don't forget to mark threads as "Solved" (Edit First post>Advanced>Change Prefix)
    If I helped, Don't forget to add to my reputation (click on the little star at bottom of this post)

    Forum Rules: How to use code tags, mark a thread solved, and keep yourself out of trouble

  5. #5
    Forum Guru
    Join Date
    08-05-2004
    Location
    NJ
    MS-Off Ver
    365
    Posts
    13,582

    Re: Assumptions and Threshold?

    Reviewing your original post
    Assuming threshold in A1 and Percent change in B1
    =IF(B1>A1,B1-A1,0)

  6. #6
    Registered User
    Join Date
    10-22-2010
    Location
    San Diego, CA
    MS-Off Ver
    Excel 2003
    Posts
    3

    Re: Assumptions and Threshold?

    Quote Originally Posted by ChemistB View Post
    Reviewing your original post
    Assuming threshold in A1 and Percent change in B1
    =IF(B1>A1,B1-A1,0)
    I have been given this formula:
    =IF(PercentChange>Threshold,PercentChange-Threshold,0)

    Then I am supposed to make a mini chart that shows:

    Assumptions:
    Threshold 10%

    So, I have to get the title of "threshold" to pick up the value of 10% in this formula.

    Hope that helps.

  7. #7
    Forum Guru
    Join Date
    03-02-2006
    Location
    Los Angeles, Ca
    MS-Off Ver
    WinXP/MSO2007;Win10/MSO2016
    Posts
    12,617

    Re: Assumptions and Threshold?

    So, I have to get the title of "threshold" to pick up the value of 10% in this formula.
    NO! That's not what you are supposed to do.

    You are supposed to create a worksheet with:
    1. A cell containing the threshold value (a number in a cell)
    2. a column with of values the percent change values
    3. A column with the formula (given above) that calculates the difference between the so called threshold value and the percent changes. and
    4. Use your column data to create a graph.

    Have you tried to create your workbook?


    So, I have to get the title of "threshold" to pick up the value of 10% in this formula.
    Faldercarb. Titles don't "pick up" anything, they are just labels in the top cells of the columns, put there to explain what the numbers below it are. So, your worksheet should have a column with "Threshold" in the first cell of some column, probably A1, "Percent Change" in, say B1 and Difference in C1
    Then in A2 you would have 10%, but in B2 to B10 (or more) you should have values for the actual percent changes, where ever they come from. The formula in C2... will calculate the difference. Finally, you will use columns B & C for your graph.


    Have you tried to create your workbook?

    Where's your work?...

+ Reply to Thread

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts

Search Engine Friendly URLs by vBSEO 3.6.0 RC 1