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SUMIF is a key function in Excel for adding together numbers that meet specific criteria. In the tutorial, a table of data with Year, Date, and Value columns is used, with a criteria of 2000 set in a separate column. The SUMIF function takes 3 parameters: the range of cells to apply the criteria, the criteria itself, and the range of cells to sum if the criteria is met. In this example, the range A2:A6 is tested against the criteria value of 2000.
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