Write TRUE on the line if the statement is correct and FALSE if it is not.

1.Functions are combinations of functions, operands, and operators.
2.Formulas always start with an equal sign.
3.Average is used to calculate the average of a series of numbers.
4.Count is used to add two or more numbers together
5.Lookup and Reference are used in arguments, texts, or values are true or not depending on the set standard.