Compact mode

PRODUCT vs RANDBETWEEN vs RAND

Table of content

Basic Classification Comparison
Usage Context Comparison
Basic Information Comparison
History Comparison
Facts Comparison

Usage Information Comparison
Technical Details Comparison
Evaluation Comparison
Ratings Comparison

Basic Classification Comparison

Function Category 📊

Primary classification of the Excel function based on its main purpose and usage domain, helps users quickly identify function types

For all*

Mathematical

Excel functions for performing mathematical calculations
Operation Type 🔧

Fundamental type of operation or action that the Excel function performs on its inputs

For all*

Calculation

Excel functions for performing various calculations

Usage Context Comparison

For whom 👥

Target user groups who would benefit most from using this Excel function

For all*

Data Analysts

Excel functions specifically designed for data analysis and interpretation

PRODUCT

Scientists

PRODUCT is designed for Scientists. Excel functions used in scientific calculations and research Click to see all.

RANDBETWEEN

Students

RANDBETWEEN is designed for Students. Excel functions helpful for academic work and learning Click to see all.

RAND

Scientists

RAND is designed for Scientists. Excel functions used in scientific calculations and research Click to see all.
Purpose 📝

Primary purposes and use cases of the Excel function

For all*

Mathematical Operations

Excel functions that perform various mathematical calculations and operations

Basic Information Comparison

Known For ⭐

Distinctive characteristic or primary strength of the Excel function

PRODUCT

Multiplying Numbers Together

PRODUCT is known for Multiplying Numbers Together.

RANDBETWEEN

Random Integer Generation

RANDBETWEEN is known for Random Integer Generation.

RAND

Generate Random Numbers

RAND is known for Generate Random Numbers.

History Comparison

Creation Date 📅

Original release date of the Excel function

PRODUCT

Excel 2.0

PRODUCT was created in Excel 2.0. Functions introduced in the Excel 2.0 version release Click to see all.

RANDBETWEEN

Excel 2003

RANDBETWEEN was created in Excel 2003. Functions initially released in Excel 2003 version Click to see all.

RAND

Excel 2.0

RAND was created in Excel 2.0. Functions introduced in the Excel 2.0 version release Click to see all.
Created By 👤

Organization or team responsible for developing the function

For all*

Microsoft Excel Team

Functions officially created by the Microsoft Excel development team

Facts Comparison

Interesting Fact 💡

Unique or lesser-known information about the Excel function

PRODUCT

Can multiply up to 255 numbers at once

RANDBETWEEN

Used in Monte Carlo Simulations

RAND

Uses Wichmann-Hill algorithm from 1982
Sarcastic Fact 🤣

Humorous or ironic observation about the Excel function

PRODUCT

The function that failed elementary school's 'times tables'

RANDBETWEEN

Creates Digital Dice Rolls

RAND

The Las Vegas of Excel functions

Usage Information Comparison

Formula Complexity Level 📖

Indicates the difficulty level and complexity of using the Excel function effectively

For all*

Simple

Basic Excel functions for common calculations and tasks

Technical Details Comparison

Input Data Type 📝

Types of data that the Excel function accepts as input parameters

For all*

Number

Excel functions specifically designed for numerical calculations
Version Compatibility 💻

Indicates which Excel versions and platforms the function is compatible with < including Office 365< Excel 2019< 2016< etc.

For all*

Excel 2019

Excel functions that work specifically in Excel 2019 version

Excel 2016

Excel functions that work specifically in Excel 2016 version

PRODUCT

Excel 2013

PRODUCT is compatible with Excel 2013 Excel functions that work specifically in Excel 2013 version

RAND

Excel 2013

RAND is compatible with Excel 2013 Excel functions that work specifically in Excel 2013 version
Operating System 💾

Specifies the operating systems where the function can be used < including Windows< macOS< and web platforms

For all*

Windows

Excel functions optimized for Windows operating system

MacOS

Excel functions optimized for MacOS users

Web Excel

Excel functions available in web-based versions
Required Arguments Count 🔢

Number of mandatory arguments needed for the function to work properly

PRODUCT

1

PRODUCT needs 1 required arguments Click to see all.

RANDBETWEEN

2

RANDBETWEEN needs 2 required arguments Click to see all.

RAND

~
Required Arguments Type 📊

The data types accepted as valid input arguments for the function

For all*

Number

Excel functions that perform calculations specifically with numerical inputs

PRODUCT

Array

PRODUCT accepts Array as input types Excel functions that specifically work with array inputs for calculations

Evaluation Comparison

Pros ✅

Key advantages and strengths of the Excel function

PRODUCT

Handles Multiple Arguments

Functions capable of processing multiple input parameters simultaneously

Array Compatible

RANDBETWEEN

Easy To Use

Versatile

RAND

No Arguments Needed

Excel functions that work without arguments provide quick results with minimal setup

Dynamic Updates
Cons ❌

Limitations and potential drawbacks of the Excel function

PRODUCT

Can Overflow With Large Numbers

No Selective Multiplication

RANDBETWEEN

Recalculates Automatically

Functions that update automatically which may slow down large spreadsheets Click to see all.

Not Truly Random

RAND

Not Truly Random

Changes Frequently

Functions that change often may require regular formula updates and maintenance Click to see all.