Statistical Functions

 

Average | Averageif | Median | Mode | Standard Deviation | Min | Max | Large | Small

This chapter gives an overview of some very useful statistical functions in Excel.

Average

To calculate the average of a range of cells, use the AVERAGE function.

Average Function

Averageif

To average cells based on one criteria, use the AVERAGEIF function. For example, to calculate the average excluding zeros.

Averageif Function

Note: <> means not equal to. The AVERAGEIF function is similar to the SUMIF function.

Median

To find the median (or middle number), use the MEDIAN function.

Median Function

Check:

Median Check

Mode

To find the most frequently occurring number, use the MODE function.

Mode Function

Standard Deviation

To calculate the standard deviation, use the STEDV function.

Stdev Function

Min

To find the minimum value, use the MIN function.

Min Function

Max

To find the maximum value, use the MAX function.

Max Function

Large

To find the third largest number, use the following LARGE function.

Large Function

Check:

Large Check

Small

To find the second smallest number, use the following SMALL function.

Small Function

Check:

Small Check

Tip: Excel can generate most of these results with the click of a button. Our Descriptive Statistics example shows you how.

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