How to reference an empty cell in Excel Pivot Table calculated field.

I have  a calculated field and  I am attempting to return a blank value if the source field (RateYOY) is blank.  Even after adding a branch at the beginning to look for an empty string, the calculated field returns 1 when the source is blank.
=IF(RateYOY ="","",IF(RateYOY>=0.08,5,IF(RateYOY>=0.06,4,IF(RateYOY>=0.04,3,IF(RateYOY>=0.03,2,IF(RateYOY>=0,1))))))

I need to return a blank so that that row is ignored for my subtotal (average) calculation.
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Saurabh Singh TeotiaCommented:
Ideally it should give you blank if your values are blank but they are not blank and have a space in it...You can use this...

=IF(trim(RateYOY) ="","",IF(RateYOY>=0.08,5,IF(RateYOY>=0.06,4,IF(RateYOY>=0.04,3,IF(RateYOY>=0.03,2,IF(RateYOY>=0,1))))))

Rory ArchibaldCommented:
A calculated field works on SUMs of the field, and your SUM will be 0, not "".

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TforTxAuthor Commented:
That seems to be the case, I rewrote as this:
=IF(ContractRate>=0.08,5,IF(ContractRate>=0.06,4,IF(ContractRate>=0.04,3,IF(ContractRate>=0.03,2,IF(ContractRate>0,1,IF(ContractRate=0,""))))))  and it returning blank, so I am going to mark as solved.  The underlying issue I was trying to correct was an unexpected subtotal.  For example, I get values of 1, 4, 4, blank, blank, blank.  My row total (I have set as average) returns 5.  I expect the average of the non-blank values, which is 3.
TforTxAuthor Commented:
Sorry, column total, not row.
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