In Excel, to create a cell formula, you can use:

A) Values but not cell references
B) Both values and cell references 
C) Cell references alone although not values
D) None of these

🧠 Explanation:

In Excel, cell formulas can use both values and cell references for calculations, like summing data. This flexibility is a key topic in spreadsheet training, engaging students and analysts. Understanding formulas enhances data processing, relevant for finance, research, or planning. Excel’s calculation capabilities attract those mastering data analysis tools, highlighting their role in efficient numerical tasks and decision-making in academic and professional settings with accuracy.