Explanation

This formula counts how many values are not in range of a fixed tolerance.

SUMPRODUCT then sums the items in the array, and returns a final result, 4.

A zero result will be evaluated as FALSE.

Highlight values out of tolerance

ABS converts negative numbers to positive numbers, and positive numbers are unaffected.

Highlight values out of tolerance

Highlight values out of tolerance

Highlight values out of tolerance

Highlight values out of tolerance

Excel formula: Value is between two numbers

Excel formula: Value is within tolerance

Excel SUMPRODUCT function

Excel ABS function

Highlight values out of tolerance