Chapter 7. USING STATISTICAL FUNCTIONS AND TOOLS

Calculate an Average

An average is the sum of two or more values divided by the total number of values. You can use the AVERAGE function to calculate an average. The AVERAGE function takes one type of argument: Number1 through Number255. An array is a list of values enclosed in curly braces. For example {20, 25, 25, 30} is an array. In each Number argument, you can enter a number, a range that contains numbers, a range name, or an array. The AVERAGE function sums each value you enter and divides by the total number of values. If a cell contains a zero, Excel includes the value in the calculation. If a cell is blank, Excel does not include the cell in the calculation.

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