What does indirect mean in Excel?

indirect refers to a value that is calculated using other cells or numbers in your spreadsheet. If you have a spreadsheet with a list of expenses for each month, and you want to see how much you spent in total for the year, you could use indirect to do that. Indirect is similar to a function, but it is calculated using the values in other cells.

What does indirect mean in excel?

indirect references are linked to a cell that is not the direct target of your Formula. Indirect cell links are created when you use a relative cell address. If you use the current cell as a reference, you will always get the same value, regardless of which cell you copy your value into. Indirect cell links allow you to use the same value in multiple cells without having to use the same cell reference each time.

What does implied mean in Excel?

Implied means something that is not directly stated. For example, if you have an Excel spreadsheet with amounts for each employee and you want to know how much each employee made per hour, you can use implied multiplication. You can multiply the amount that each employee made in dollars by the number of hours that they worked to get an implied hourly rate. This implied rate is not directly stated, but you can still use the numbers to determine the total amount of money each employee made for the week or month.

What does indirect mean in statistics?

Indirect effect refers to a statistical relationship between two variables after controlling for a third variable. In other words, indirect effect measures the change in the dependent variable that occurs when the independent variable changes while keeping the value of the third variable fixed.

What does indirect mean in economics?

Indirect costs are all those costs that are not directly associated with a particular product or service. Indirect costs can be a very broad category that includes things like training, health care, and depreciation.