AVERAGEIF Function

What is the Average daily sales for the cheap products?

 

AVERAGEIF lets you figure the average based on your criteria. This formula will look up a number in a Range of prices: that's the Filter.  The cells that you select to calculate the Average is called the Average_Range .

 

1. Try This: AVERAGEIF

In Cell D64 type: Average Daily Sale for Cheap Products.

 

Now, select Cell E64.

Go to Formulas -> Function Library.

Go to More Functions>Statistical.

Select AVERAGEIF.

Enter the Range: Net

Enter the Criteria: <3.50

Enter the Average_range: Revenue

 

2. What Do You See? The formula is

=AVERAGEIF(Net,"<3.50",Revenue)

Formulas -> Function Library->More Functions -> Statistical ->AVERAGEIF

Exam 77-888: Microsoft Excel Expert 2010

2. Applying Formulas and Functions

2.3. Data summary: SUMIF, SUMIFS, COUNTIF, COUNTIFS, AVERAGEIF, and AVERAGEIFS