MS Excel
The Chart wizard term data categories refers to;

A horizontal axis
The data range that supply chart data
The organization of individual values with a chart’s data series
A chart plot area

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MS Excel
To create a formula, you first:

Type the equals sign (=) to tell Excel that you’re about to enter a formula
Select the cell you want to place the formula into
Choose the new command from the file menu
Enter the formula using any input values and the appropriate mathematical operators that make up your formula

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