There are two forms for the LOOKUP function in Excel - the Vector Form and the Array Form.
The difference between the two lies in where the function will look to retrieve data.
The vector form will only look in a single row or column while the array form will return data from the last row or column from a block of data called, not surprisingly, an array.
To find out more about using the array form of this function, read this tutorial on the Excel Lookup Function - Array Form.
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