FormulaCamp
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12. Statistics and Data Analysis · Statistics · 15 min

1. MEDIAN, LARGE, RANK

Lesson 1 of 11
Task 1 of 4
  1. In C2:C9, enter each rep's rank by revenue.

Lesson theory
  • MEDIAN is the "middle" of a list: half the values are above it and half below. Outliers easily distort the average, but not the median;
  • LARGE(range, k) returns the k-th largest value: 1 is the maximum, 2 is second place, and so on;
  • SMALL(range, k) does the same from the other end;
  • RANK(number, range) gives a number's place in the list (1 is the best). Equal values get the same place.
fx

Enter — commit · F2 — edit · F4 — $ in a reference · Ctrl+C/Ctrl+V — copy and paste · Ctrl+Z — undo

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