I am trying to create a formula in Microsoft Excel 2010 to accomplish the following algorithm:
If A1=10, then A2 has a background color of red.
I have basic knowledge of if/then statements in Excel, so I have this so far:
=IF(A1=10, x)
...where x would be the formula for changing the background color of the cell. However, after conducting some internet research on the subject, the consensus seems to be that I should instead use conditional formatting to accomplish this task. I have never used conditional formatting and am having trouble understanding how to utilize it so that a condition on one cell would affect another cell.
This is the conditional formatting screen that I am faced with:

So I guess I have two questions:
- Is using conditional formatting the best way to accomplish this?
- If so, how can I utilize it to assign a background color to a cell, given the truth of a condition on a different cell?
