Statistical Functions in Excel

This chapter gives an overview of some very useful statistical functions in Excel.

AVERAGE

To calculate the average of a group of numbers, use the AVERAGE function.

Note: visit our page about the AVERAGE function for many more examples.

AVERAGEIF

To average cells based on one criteria, use the AVERAGEIF function. For example, to calculate the average excluding zeros.

Note: visit our page about the AVERAGEIF function for many more examples.

MEDIAN

To find the median (or middle number), use the MEDIAN function.

Check:

MODE

To find the most frequently occurring number, use the MODE function.

Note: visit our page about the MODE function to learn more about this Excel function.

Standard Deviation

To calculate the standard deviation, use the STDEV function.

Note: standard deviation is a number that tells you how far numbers are from their mean. Learn more about this topic on our page about standard deviation.

MIN

To find the minimum value, use the MIN function.

MAX

To find the maximum value, use the MAX function.

LARGE

To find the third largest number, use the following LARGE function.

Check:

SMALL

To find the second smallest number, use the following SMALL function.

Check:

Tip: Excel can generate most of these results with the click of a button. Our Descriptive Statistics example shows you how.

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