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Conditional Formatting Analysis of Rates (20% above and 20% below the average)

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  1. #1
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    Conditional Formatting Analysis of Rates (20% above and 20% below the average)

    Hi,

    Forgive, this seems very basic.

    I have 4 companies who have priced the same items. I now have to do a rate analysis.

    I am trying to conditional format;
    any rates 20% above the average 'red'
    any rates 20% below the average 'green'


    Cheers for any help on this.
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  2. #2
    Forum Expert etaf's Avatar
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    Re: Conditional Formatting Analysis of Rates (20% above and 20% below the average)

    in the conditional format
    =IF($O8*0.8>F8,TRUE,FALSE) = green, if the value of the company is below the average-20%
    =IF($O8*1.2<F8,TRUE,FALSE) = red if the value of the company is above the average+20%
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  3. #3
    Forum Expert Pepe Le Mokko's Avatar
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    Re: Conditional Formatting Analysis of Rates (20% above and 20% below the average)

    @etaf ALthough your solution is correct, the use of IF, TRUE and FALSE is not necessary for CF.
    =$O8*0.8>F8
    will return TRUE or FALSE implicitly to trigger the format

  4. #4
    Forum Expert etaf's Avatar
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    Re: Conditional Formatting Analysis of Rates (20% above and 20% below the average)

    Pepe Le Mokko thanks for pointing that out

    its a habit , i seem to have formed , as i test in a cell the cond format on more complex tests using ANDs/ORs and different cells - and so do for all now

    i'll try and drop on future posts

    thanks again

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