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How to calculate weighted average in Excel.Excel AVERAGEIFS - average cells based on multiple criteria.Excel AVERAGEIF - average cells based on one criterion.Excel AVERAGEA - find an average of cells with any data (numbers, Boolean and text values).Excel AVERAGE - average cells with numbers.To average cells based on condition, use the following AVERAGEIF formula, where A2:A6 is the criteria range, D3 is he criteria, and B2:B6 are the cells to average: So, instead of dividing sum by count, you can simply put this formula in a cell: The Excel AVERAGE function performs these calculations behind the scenes. And what do you call adding up a group of numbers and then dividing the sum by the count of those numbers? Yep, an average! Having a closer look at the formula from the previous section ( =SUM(B2:B6)/5), what does it actually do? Sums values in cells B2 through B6, and then divides the result by 5. The Function Wizard will help you find the function best suited for a particular task, while the Excel Formula Intellisense will prompt the function's syntax and arguments as soon as you type the function's name preceded by an equal sign in a cell:Ĭlicking the function's name will turn it into a blue hyperlink, which will open the Help topic for that function. Of course, it's next to impossible to memorize all of them, and you actually don't need to. There exist 400+ functions in Excel, and the number is growing by version to version. You can find all available Excel functions in the Function Library on the Formulas tab: Functions perform specific calculations in a particular order based on the specified values, called arguments, or parameters.įor example, instead of specifying each value to be summed like in the above formula, you can use the SUM function to add up a range of cells: =SUM(A2:A4)
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Function is a predefined formula already available in Excel.Formula is an expression that calculates values in a cell or in a range of cells.įor example, =A2+A2+A3+A4 is a formula that adds up the values in cells A2 through A4.
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So, what do we call an Excel formula and Excel function? Best practices for writing Excel formulasīefore providing the basic Excel formulas list, let's define the key terms just to make sure we are on the same page.10 basic Excel functions you should definitely know.This tutorial aims to teach you the essentials of Excel functions and show how to use basic formulas in Excel. All this is done by entering formulas in cells. Apart from that, you can compute a compound interest and weighted average, get the optimal budget for your advertising campaign, minimize the shipment costs or make the optimal work schedule for your employees. It enables you to total or average a column of numbers in the blink of an eye. The tutorial provides a list of Excel basic formulas and functions with examples and links to related in-depth tutorials.īeing primarily designed as a spreadsheet program, Microsoft Excel is extremely powerful and versatile when it comes to calculating numbers or solving math and engineering problems.