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Max, Min, Average (excel 2003)

Posted on 2011-03-22
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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
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Question by:easycapital
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jppinto earned 250 total points
ID: 35189418
Here you go...please check the attached solution...

jppinto
Max-min-avg-1-.xls
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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).
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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
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by:barry houdini
ID: 35189455
....sorry JP, didn't see your reply......
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by:jppinto
ID: 35189459
No problem Barry, it happens to all of us... :)
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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
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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.
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