N an Excel worksheet what would be the result from AVERAGE A1 A3 if A1 20 A2 20 and A3 50

Calculate the arithmetic mean of a given set of arguments

The AVERAGE Function[1] is categorized under Excel Statistical functions. It will return the average value of a given series of numbers in Excel.

The function is used to calculate the arithmetic mean of a given set of arguments in Excel. This guide will show you, step-by-step, how to calculate the average in Excel.

As a financial analyst, the function is useful in finding out the average (mean) of a series of numbers. For example, we can find out the average sales for the last 12 months for a business.

Formula

=AVERAGE(number1, [number2], …)

The function uses the following arguments:

  1. Number1 (required argument) – This is the first number of a cell reference or a range for which we want the average.
  2. Number2 (optional argument) – They are the additional numbers, cell references or a range for which we want the average. A maximum of 255 numbers is allowed.

How to use AVERAGE Function in Excel?      

To understand the uses of the AVERAGE function, let us consider a few examples:

Example 1 – Average in Excel

Suppose we are given the following data:

N an Excel worksheet what would be the result from AVERAGE A1 A3 if A1 20 A2 20 and A3 50

We wish to find out the top 3 scores in the above data set. The formula to use will be:

N an Excel worksheet what would be the result from AVERAGE A1 A3 if A1 20 A2 20 and A3 50

We get the result below:

N an Excel worksheet what would be the result from AVERAGE A1 A3 if A1 20 A2 20 and A3 50

In the above formula, the LARGE function retrieved the top nth values from a set of values. So, we got the top 3 values as we used the array constant {1,2,3} into LARGE for the second argument.

Later, the AVERAGE function returned the average of the values. As the function can automatically handle array results, we don’t need not use Ctrl+Shift+Enter to enter the formula.

Example 2 – Average in Excel

Suppose we are given the data below:

N an Excel worksheet what would be the result from AVERAGE A1 A3 if A1 20 A2 20 and A3 50

The formula to use is shown below:

N an Excel worksheet what would be the result from AVERAGE A1 A3 if A1 20 A2 20 and A3 50

We get the following result:

N an Excel worksheet what would be the result from AVERAGE A1 A3 if A1 20 A2 20 and A3 50

A few notes about the AVERAGE Function

  1. The AVERAGE function ignores empty cells.
  2. If a range or cell reference argument contains text, logical values, or empty cells, those values are ignored. However, cells with the value zero are included.
  3. Arguments that are error values or text that cannot be translated into numbers cause errors in the function.

Click here to download the sample Excel file

Additional Resources

Thanks for reading CFI’s guide to the Excel AVERAGE function. By taking the time to learn and master these functions, you’ll significantly speed up your financial analysis. To learn more, check out these additional CFI resources:

Article Sources

Updated: 04/12/2021 by Computer Hope

N an Excel worksheet what would be the result from AVERAGE A1 A3 if A1 20 A2 20 and A3 50

Formulas are what helped make spreadsheets so popular. By creating formulas, you can perform quick calculations even if the information changes in the cells relating to the formula. For example, you could have a total cell that adds all values in a column.

The basics

  • All spreadsheet formulas begin with an equal sign (=) symbol.
  • After the equal symbol, either a cell or formula function is entered. The function tells the spreadsheet the type of formula.
  • If a math function is being performed, the math formula is surrounded in parentheses. Math functions or calculations can use an operator, including plus (+), minus (-), multiply (*), divide (/), greater than (>), and less than (<).
  • Using the colon (:) lets you get a range of cells for a formula. For example, A1:A10 is cells A1 through A10.
  • Formulas are created using relative cell reference by default, and if you add a dollar sign ($) in front of the column or row, it becomes an absolute cell reference.

Entering a spreadsheet formula

Below is an animated visual example of how an excel formula can be inserted into a spreadsheet. In our first formula entered into the cell "D1," we manually enter a =sum formula to add 1+2 (in cells A1 and B2) to get the total of "3." With the next example, we use the mouse to highlight cells A2 to D2 and then click the formula button in Excel to automatically create the formula. Next, we show how you can manually enter a formula, and then using a mouse, get the cell values (you can also highlight multiple cells to create a range). Finally, we manually enter a times ( * ) formula using the sum function to find the value of 5 * 100.

N an Excel worksheet what would be the result from AVERAGE A1 A3 if A1 20 A2 20 and A3 50

Formula examples

Note

The functions listed below may not be the same in all languages of Microsoft Excel. All these examples are done in the English version of Microsoft Excel.

Tip

The examples below are listed in alphabetical order. If you want to start with the most common formula, we suggest starting with the =SUM formula.

=

An = (equals) creates a cell equal to another. For example, if you were to enter =A1 in B1, whatever value was in A1 would automatically be placed in B1. You could also create a formula that would make one cell equal to more than one value. For example, if cell A1 had a first name and cell B1 had a last name, you could enter =A1&" "&B1, which combines A1 with B1, with a space between each value. You can also use a concatenate formula to combine cell values.

AVERAGE

=AVERAGE(X:X)

Display the average amount between cells. For example, if you wanted to get the average for cells A1 to A30, you would type =AVERAGE(A1:A30).

COUNT

=COUNT(X:X)

Count the number of cells in a range containing only numbers. For example, you could find how many cells between A1 and A15 contain a numeric value using the =COUNT(A1:A15). If only cell A1 and A5 contained numbers, the cell containing this function would display "2" as its value.

COUNTA

=COUNTA(X:X)

Count the number of cells in a range containing any text (text and numbers, not only numbers) and are not empty. For example, you could count the number of cells containing text in cells A1 through A20 using =COUNTA(A1:A20). If seven cells were empty, the formula would return the number "13" (20-7=13).

COUNTIF

=COUNTIF(X:X,"*")

Count the cells with a certain value. For example, if you have =COUNTIF(A1:A10,"TEST") in cell A11, then any cell between A1 through A10 with the word "test" is counted as one. So, if you have five cells in that range containing the word "test," the value "5" is shown in cell A11 (10-5=5).

IF

=IF(*)

The syntax of the IF statement is =IF(CELL="VALUE","PRINT OR DO THIS","ELSE PRINT OR DO THIS"). For example, the formula =IF(A1="","BLANK","NOT BLANK") makes any cell besides A1 display the text "BLANK" if A1 has nothing in it. If A1 is not empty, the cells display the text "NOT BLANK". The IF statement has more complex uses, but can generally be reduced to the structure above.

Using IF can also be useful when you may want to calculate values in a cell, but only if those cells contain values. For example, you may be dividing the values between two cells. However, if there is nothing in the cells, you would get the #DIV/0! error. Using the IF statement, you can only calculate a cell if it contains a value. For example, if you only wanted to perform a divide function if A1 contains a value, type =IF(A1="","",SUM(B1/A1)), which only divides cell B1 by A1 if A1 contains a value. Otherwise, the cell is left blank.

  • Getting #DIV/0! in Microsoft Excel spreadsheet.

INDIRECT

=INDIRECT("A"&"2")

Returns a reference specified by a text string. In the example above, the formula would return the value contained in cell A2.

=INDIRECT("A"&RANDBETWEEN(1,10))

Returns the value of a random cell between A1 and A10 using the indirect and randbetween (explained below) functions.

=MEDIAN(A1:A7)

Find the median of the values of cells A1 through A7. For example, four is the median for 1, 2, 3, 4, 5, 6, 7.

MIN AND MAX

=MIN/MAX(X:X)

Min and Max represent the minimum or maximum value in the cells. For example, if you want to get the minimum value between cells A1 and A30, type =MIN(A1:A30), or =MAX(A1:A30) to get the maximum.

PRODUCT

=PRODUCT(X:X)

Multiplies two or more cells together. For example, =PRODUCT(A1:A30) would multiple cells from A1 to A30 together (i.e., A1 * A2 * A3, etc).

RAND

=RAND()

Generates a random number greater than zero, but less than one. For example, "0.681359187" could be a randomly generated number placed in the formula's cell.

RANDBETWEEN

=RANDBETWEEN(1,100)

Generate a random number between two values. In the example above, the formula would create a random whole number between 1 and 100.

ROUND

=ROUND(X,Y)

Round a number to a specific number of decimal places. X is the cell containing the number to be rounded. Y is the number of decimal places to round. Below are examples.

=ROUND(A2,2)

Rounds the number in cell A2 to one decimal place. If the number is 4.7369, the example above rounds that number to 4.74. If the number is 4.7614, it rounds to 4.76.

=ROUND(A2,0)

Rounds the number in cell A2 to zero decimal places, or the nearest whole number. If the number is 4.736, the example above would round that number to 5. If the number is 4.367, it would round to 4.

SUM

=SUM(X:X)

The most commonly used function to add, subtract, multiple, or divide values in cells. Below are different examples of this function.

=SUM(A1+A2)

Add the cells A1 and A2.

=SUM(A1:A5)

Add cells A1 through A5.

=SUM(A1,A2,A5)

Adds cells A1, A2, and A5.

=SUM(A2-A1)

Subtracts cell A1 from A2.

=SUM(A1*A2)

Multiplies cells A1 and A2.

=SUM(A1/A2)

Divides cell A1 by A2.

SUMIF

=SUMIF(X:X,"*"X:X)

Perform the SUM function only if there is a specified value in the first selected cells. An example of this would be =SUMIF(A1:A6,"TEST",B1:B6), which only adds the values B1:B6 if the word "test" was entered somewhere between A1:A6. So if you entered "test" (not case sensitive) in A1, but had numbers in B1 through B6, it would only add the value in B1 because "test" is in A1.

  • See our SUMIF definition for additional information.

TODAY

=TODAY()

Would print out the current date in the cell containing the formula. The value changes each time you open your spreadsheet to reflect the current date and time. If you want to enter a date that doesn't change, press Ctrl and ; (semicolon) to enter the date.

TREND

=TREND(X:X)

Find the common value of cells. For example, if cells A1 through A6 had 2,4,6,8,10,12 and you entered formula =TREND(A1:A6) in a different cell, you would get the value of 2 because each number is going up by 2.

TRIM

=TRIM( )

The trim formula lets you remove any unnecessary spaces at the beginning or end of a value in a cell.

  • How to remove extra spaces in a cell in Microsoft Excel.

VLOOKUP

=VLOOKUP(X,X:X,X,X)

The lookup, hlookup, or vlookup formula lets you search and find related values for returned results. See our lookup definition for more information about this formula.