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The formula verifies if the cell contains text, if yes then it multiplies the binary array with the corresponding cell value and then calculates the sum with SUMPRODUCT.
Category: Math and trigonometry
Returns the sum of the products of corresponding array components
SUMPRODUCT(array1, [array2], [array3], ...)
Category: Information
Returns TRUE if the value is text
ISTEXT(value)
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0
The formula verifies if the cell contains text, if yes then it multiplies the binary array with the corresponding cell value and then calculates the sum with SUMPRODUCT.