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The LET function in Excel is a powerful tool that lets you define variables or names within a formula. By allowing you to define names for calculation results, it simplifies complex formulas and improves readability. To use the LET function, you begin by specifying a name for the variable, followed by the value or expression you want to assign to it. By using the LET function, you can remove repeating calculations in your formulas. By encapsulating repeated expressions within the LET function, you can enhance performance and minimise errors associated with lengthy formulas. Therefore, in case you consistently work with large data sets then using the LET function can be very useful for improving efficiency and readability of your Excel sheets. 🕙 You can use these timestamps in case you are looking for something specific 00:00 - Introduction 00:35 - Using the LET function with simple ranges 03:44 - Using the LET function with dynamic ranges ▶️ Other videos that may interest you How to use the IF statement in Excel and take decisions based on conditions? • IF Statements in Excel Explained Simply - ... Mastering the UNIQUE Function in Excel | Get Distinct & Unique Values Easily! • One Click, No Duplicates! Master the UNIQU... How to use the COUNTIFS formula in Excel? • Excel COUNTIFS Function: Learn It Fast + S... ✅ Subscribe to our Channel to level up your Excel skills faster / @analyticssuccess ⬇️ Download the file used in the video https://www.qling.net/11174/files/671... 💻 Courses offered by us Learn more about our Excel Masterclass course https://yt.qling.net/excel-masterclass Explore all courses https://yt.qling.net/courses 📘 Download our E-Book on Excel Shortcuts (Windows and Mac) https://yt.qling.net/excel-shortcuts 🗂️ Access all our templates and E-Books https://yt.qling.net/templates-and-eb... 🤝 Connect with us LinkedIn: / qling1 Facebook: / learnatqling Instagram: / learnwithqling Pinterest: / learnatqling Get in touch: https://quiz.qling.net/get-in-touch/ #analyticssuccess, #LETFuntionExcel, #ExcelTips, #ExcelTutorial, #ExcelForBeginners, #LearnExcel, #ProductivityTools, #SpreadsheetSkills, #MicrosoftExcel