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Statistical Functions

Statistical Functions

Microsoft Excel · 2 min read

Counting and averages

FunctionSyntax and exampleResultNotes
AVERAGE=AVERAGE(C2:C9)71.5Ignores text and blanks, but counts zeros.
AVERAGEA=AVERAGEA(range)Counts text as 0 and TRUE as 1.
COUNT=COUNT(C2:C9)8Counts numbers (and dates) only.
COUNTA=COUNTA(A1:A9)9Counts all non-empty cells, text included.
COUNTBLANK=COUNTBLANK(A1:D9)0Counts empty cells.
MAX / MIN=MAX(C2:C9) / =MIN(C2:C9)92 / 40Highest and lowest.
MEDIAN=MEDIAN(C2:C9)74.5Middle value. With an even count it is the average of the two middle values (71 and 78).
MODE.SNGL=MODE.SNGL(D2:D9)2500Most frequent value. Returns the first one when tied.
MODE.MULT=MODE.MULT(range)All modes (array result).

Position, rank and percentile

FunctionExampleResultNotes
LARGE=LARGE(C2:C9,2)882nd largest.
SMALL=SMALL(C2:C9,2)552nd smallest.
RANK.EQ (old RANK)=RANK.EQ(C2,$C$2:$C$9,0)4Rank of 78. 0 or omitted = descending (largest is 1); 1 = ascending. Ties share a rank.
RANK.AVG=RANK.AVG(...)Ties get the average rank.
PERCENTILE.INC=PERCENTILE.INC(C2:C9,0.9)89.2Value below which 90% of data fall.
QUARTILE.INC=QUARTILE.INC(C2:C9,1)62.5Quarter number 0 to 4: 0 = min, 2 = median, 4 = max.
PERCENTRANK.INC=PERCENTRANK.INC(range, x)Relative standing from 0 to 1.

Spread and relationship

FunctionExampleResultNotes
VAR.S / VAR.P=VAR.S(C2:C9)310.57Variance of a sample / of the whole population (271.75).
STDEV.S / STDEV.P=STDEV.S(C2:C9)17.62Standard deviation, sample (divides by n - 1) / population (divides by n, gives 16.48).
CORREL=CORREL(C2:C9,D2:D9)0.675Correlation between two sets, from -1 to +1.
SLOPE / INTERCEPT=SLOPE(y_range, x_range)Regression line y = mx + c.
FORECAST.LINEAR=FORECAST.LINEAR(x, known_y, known_x)Predicts a value on the line.
FREQUENCY=FREQUENCY(data, bins)Count in each class interval (array formula).

Useful everyday formulas

NeedFormula
Percentage of total=C2/SUM($C$2:$C$9) (format as %)
Percentage change=(New - Old)/Old
Average without a formulaSelect cells and read the status bar.
Simple interest=P*R*T/100
Compound amount=P*(1+R/100)^T; =10000*(1+10/100)^2 → 12100
CAGR=(End/Start)^(1/Years)-1; =(150/100)^(1/3)-1 → 14.47%

Keep practising

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Prepared for exam revision from standard computer textbooks, Microsoft documentation and official sources. Features differ between Excel and Word versions (2016, 2019, 2021, 365) so check which version your exam follows. Found a mistake? Tell us.