In Excel, the “IF” statement is a logical function that allows you to test a condition and return one value if the condition is true and another value if the condition is false.
In our example, we are wanting to determine if a value in Column B is Greater or Less Than 150
This formula tests if the value in cell B3 is greater than 150. If it is, the formula returns “Greater”; otherwise, it returns “Less Than or equal to 150”.
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