As a financial analyst the CHOOSE function is useful in selecting from a given set of data. The values provided to CHOOSE can include references. Choose function in excel simply returns a value from the selected list or array from any specific position.
CHOOSE RANDBETWEEN 14ABCD In the above command RANDBETWEEN 14 is an Excel function to randomly select a value between 1 to 4.
If Index number is 5 it will return value 5. CHOOSE RANDBETWEEN 14ABCD In the above command RANDBETWEEN 14 is an Excel function to randomly select a value between 1 to 4. The SUM function is then evaluated using B1B10 the result of the CHOOSE function as its argument. This and all following arguments are optional.