As before, this is an array formula and myst be entered with control + shift + enter.
More on array formulas
To understand array formulas, you must learn to investigate the results of various operations inside a formula as it is being evaluated by Excel. In particular, you need to know how to use the F9 key to debug a formula and how to use the Evaluate Feature in Excel. See video links below for a quick demo.
SUMPRODUCT accepts the range B3:B6 as an array of four cells. For each cell in the array, LEN calculates the length of the text as a number. The result is an array that contains 4 numbers. SUMPRODUCT then sums the items in this array and returns the...
Formulas are the key to getting things done in Excel. In this accelerated training, you'll learn how to use formulas to manipulate text, work with dates and times, lookup values with VLOOKUP and INDEX & MATCH, count and sum with criteria, dynamically rank values, and create dynamic ranges. You'll also learn how to troubleshoot, trace errors, and fix problems. Instant access. See details here.