The endowment effect is an example of cognitive distortion that has a profound impact on people’s actions, especially economically. It describes how “ownership creates value.” This definition indicates that the endowment effect is particularly significant in marketing and sales.
When it comes to asking customers and site visitors for feedback, there’s a wide range of free online survey tools at your disposal. These can support you in creating surveys, sending them to your target market, and analyzing your results at the end. But which application is the best for your needs? And what tools should you look out for? See our list of 5 prominent online survey tools.
Excel allows you to perform complex computations. However, you may often want to simplify the results, either by rounding up or down. In Excel, you can round using a function, saving time and effort. You can use the ROUND function directly and in its simple form, or build it into complex formulas. So, how do you use it correctly?
When performing complex calculations in tables, you can quickly produce values that are not fit for everyday use because they have far too many decimal places. The ROUNDDOWN function in Excel can help with this. It uses a simple formula to simplify your workflow. You can use it to round down any number to the desired number of decimal places.
For years, the captcha has been a necessary evil for securing interactive web applications (e.g. online forms) against spam. The fully-automatic public Turing test distinguishes between computers and humans. The test exposes which automatic queries are performed by spam robots, which then minimizes the administrative effort needed for interactive websites. We present the most common types of...
Microsoft Word’s Find and Replace function is an extremely useful tool if you have to adapt particular terms in a text. From changing a name to correcting a common spelling mistake, the function helps you in a wide range of situations. But it also has its peculiarities. This guide will help you use the Find and Replace function in Word correctly and avoid pitfalls.
Word shortcuts make working with the popular word processing program quicker and easier. Whether you are copying text, printing a document or changing the formatting – many commands do not need a mouse click to be activated. Thanks to shortcuts, you can work faster and more effectively. Here is a list of the most common Word shortcuts.
Microsoft Excel and Google spreadsheet programs differ primarily in how they work. While the more conventional Excel is used locally, Google Sheets is used online. Both have their advantages. In this guide, we will compare Microsoft Excel and Google Sheets and show you what you can expect from these spreadsheet programs.
How do you convert XLSX to XLS? Sometimes an Excel spreadsheet is sent to you in the wrong file format. The easiest way to allow you to work with the information is by converting it into the correct format. You can either convert XLSX to XLS directly in Excel or use an external converter.
The XLSX format has been the standard format for Microsoft Excel files for some time now. Microsoft replaced the old XLS format with a new file extension back in 2007. Since then, all workbooks in the popular spreadsheet program have been saved as XLSX files. Here, you will learn how to open these files and how to use them in older versions of Excel.