What does a named range refer to in a spreadsheet?

A named range refers to a group of cells or a table that has been assigned a specific name to make it easier to reference within formulas and functions in a spreadsheet. By naming a range, users can create more understandable and manageable formulas instead of using standard cell references, e.g., using "SalesData" instead of "A1:A10". This approach enhances clarity and makes it simpler to update or modify the data being referenced because users can reference the name directly rather than having to remember specific cell addresses.

In other contexts, formulas, charts, or macros serve different purposes. A specific formula is targeted at performing calculations but does not involve assigning easy-to-understand names to groups of cells. Charts are visual presentations of data, but they do not relate to how data cells are referred to in calculations. Macros, on the other hand, involve stored scripts used to automate tasks but are not connected to the concept of named ranges in terms of referencing cells.