Solved

Max, Min, Average (excel 2003)

Posted on 2011-03-22
7
385 Views
Last Modified: 2012-05-11
Please see attached.  Have column A with Product Type and Column B with Cost.  Need to obtain max, min, average per product.  Need to present it in cells E5:G6.

Thanks,
JP Max-min-avg.xls a
0
Comment
Question by:easycapital
[X]
Welcome to Experts Exchange

Add your voice to the tech community where 5M+ people just like you are talking about what matters.

  • Help others & share knowledge
  • Earn cash & points
  • Learn & ask questions
  • 3
  • 2
  • 2
7 Comments
 
LVL 33

Accepted Solution

by:
jppinto earned 250 total points
ID: 35189418
Here you go...please check the attached solution...

jppinto
Max-min-avg-1-.xls
0
 
LVL 33

Expert Comment

by:jppinto
ID: 35189429
Please note that I've used array formulas that need to be entered by using Ctrl+Shift+Enter (the brackets should appear after the enter).
0
 
LVL 50

Assisted Solution

by:barry houdini
barry houdini earned 250 total points
ID: 35189447
Hello JP,

You can use "array formulas" for this, e.g. in E5 use this formula

=MAX(IF($A$3:$A$9=$D5,$B$3:$B$9))

confirmed with CTRL+SHIFT+ENTER and copied to E6

Then identical in F5:G6 but with MIN/AVERAGE instead of MAX

see attached

regards, barry
26903135.xls
0
VIDEO: THE CONCERTO CLOUD FOR HEALTHCARE

Modern healthcare requires a modern cloud. View this brief video to understand how the Concerto Cloud for Healthcare can help your organization.

 
LVL 50

Expert Comment

by:barry houdini
ID: 35189455
....sorry JP, didn't see your reply......
0
 
LVL 33

Expert Comment

by:jppinto
ID: 35189459
No problem Barry, it happens to all of us... :)
0
 

Author Closing Comment

by:easycapital
ID: 35191038
Excellent!
One comment though. When I used the "IF" formula and used 0 for the false, the results were not always right.  Any thoughts.
Thanks,
JP
0
 

Author Comment

by:easycapital
ID: 35191049
So I used the formula just as indicated without the zero, but I just thought it was good to point out the results.
0

Featured Post

Online Training Solution

Drastically shorten your training time with WalkMe's advanced online training solution that Guides your trainees to action. Forget about retraining and skyrocket knowledge retention rates.

Question has a verified solution.

If you are experiencing a similar issue, please ask a related question

Introduction This Article briefly covers methods of calculating the NPV and IRR variants in Excel as well as the limitations in calculating and interpreting IRR results. Paraphrasing Richard Shockley, author of my favourite finance reference tex…
This article describes how you can use Custom Document Properties to store settings and other information in your workbook so that they will be available the next time you open the workbook.
The viewer will learn how to use the =DISCRINV command to create a discrete random variable, use this command to model a set of probabilities and outcomes in a Monte Carlo simulation, and learn how to find the standard deviation of a set of probabil…
This Micro Tutorial will demonstrate in Google Sheets how to use the HYPERLINK function to create live links inside your spreadsheet.

615 members asked questions and received personalized solutions in the past 7 days.

Join the community of 500,000 technology professionals and ask your questions.

Join & Ask a Question