They are the lookup_vector and [result_vector].What are the 8 numbers referring to at the end of this formula? =LOOKUP(MONTH(F18),{1,4,7,10},{2,3,4,1})
LOOKUP(lookup_value, lookup_vector, [result_vector])
LOOKUP finds the nearest match less than or equal to the number that MONTH returns. It then finds the value in the [result_vector] (quarter) corresponding to that match.
Since the 1st quarter begins in Oct (10th month) one is assigned the last position in the [result_vector] (the quarters). The others correspond accordingly.
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