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Google Sheetsspreadsheet~5 mins

Approximate vs exact match in Google Sheets - Quick Revision & Key Differences

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Recall & Review
beginner
What does an exact match mean in a lookup formula like VLOOKUP?
An exact match means the formula looks for a value that exactly matches the lookup value. If it doesn't find the exact value, it returns an error or a specific result indicating no match.
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beginner
What is an approximate match in lookup formulas?
An approximate match means the formula finds the closest value that is less than or equal to the lookup value. It is used when data is sorted and an exact match might not exist.
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beginner
How do you specify an exact match in VLOOKUP?
You set the fourth argument, called is_sorted, to FALSE or 0. For example: =VLOOKUP(A2, B2:D10, 2, FALSE).
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beginner
How do you specify an approximate match in VLOOKUP?
You set the fourth argument, is_sorted, to TRUE or omit it. For example: =VLOOKUP(A2, B2:D10, 2, TRUE) or =VLOOKUP(A2, B2:D10, 2).
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intermediate
Why must data be sorted when using approximate match in VLOOKUP?
Data must be sorted in ascending order because VLOOKUP stops searching once it finds a value greater than the lookup value. Sorting ensures it finds the closest smaller or equal value correctly.
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What happens if you use VLOOKUP with FALSE for the last argument and the exact value is not found?
AIt returns the closest smaller value
BIt returns an error like #N/A
CIt returns the closest larger value
DIt returns the first value in the range
If you want to find the closest match less than or equal to your lookup value, which VLOOKUP setting should you use?
AUse a different formula like SUM
BSet last argument to FALSE
CSet last argument to TRUE or omit it
DSort data in descending order
What is the default behavior of VLOOKUP if the last argument is omitted?
AApproximate match (TRUE)
BExact match (FALSE)
CReturns an error
DReturns the first value
Why is sorting data important when using approximate match in VLOOKUP?
ABecause VLOOKUP stops searching after passing the lookup value
BBecause VLOOKUP only works on sorted data
CBecause sorting changes the formula syntax
DSorting is not important
Which of these is true about exact and approximate matches?
ABoth require FALSE
BExact match requires TRUE, approximate match requires FALSE
CBoth require TRUE
DExact match requires FALSE, approximate match requires TRUE or omitted
Explain the difference between approximate and exact match in lookup formulas.
Think about how VLOOKUP behaves with TRUE vs FALSE in the last argument.
You got /5 concepts.
    Describe why sorting data is necessary when using approximate match in VLOOKUP.
    Consider how VLOOKUP searches through the data.
    You got /3 concepts.