The simplest way to find the average (mean) of a set of numbers is to use the AVERAGE function. This calculation gives you the arithmetic mean, which sums up all the numbers and divides the result by ...

A trimmed mean is much like a standard mean, which you can derive in Excel using the AVERAGE function. However, instead of using all of the data points to create the mean, a trimmed mean will leave ...

Formulas are powerful tools for performing calculations and analyzing data in Excel. In this beginner’s guide, you’ll learn how to use formulas and explore some popular built-in functions. One of the ...

Excel has over 475 formulas in its Functions Library, from simple mathematics to very complex statistical, logical, and engineering tasks such as IF statements (one of our perennial favorite stories); ...

This post explains how to calculate Weighted Average in Excel with percentages. In a standard arithmetic average where the sum of values is divided by the number of values, each data value is treated ...

In your school life, you have learned about average and the method to calculate it. The formula to calculate the average is very simple. You just have to add all the values in the given data and ...

To kick things off, let’s explore how to perform essential calculations like determining the total salary and headcount by department. This is where functions such as `COUNTIFS`, `SUMIFS`, and ...