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Returns the rank of a particular number among a list of values
PercentRank
=PERCENTRANK(array,value)
Returns the rank of a value as a percentage of a given array(range of data) or dataset
Small
=SMALL(A2:A8,2)
Returns the nth smallest value within an array
Large
=LARGE(A2:A8,3)
Returns the nth largest value within an array
3.RAND() & RANDBETWEEN
Function Name
Example/Syntax
Description
Rand
=RAND()
Returns a random value between 0 and 1 (to 15 digits)
RandBetween
=RANDBETWEEN(0,100)
Returns an integer between two values that you specify
4.SUMPRODUCT
Function Name
Example/Syntax
Description
SumProduct
=SUMPRODUCT(array1,array2,... array_N)
multiplies corresponding cells from multiple arrays and returns the sum of the products(Note: all arrays must have the same dimensions)
SUMPRODUCT is often used with filters to calculate products only for rows that meet certain criteria, for example:
# A:Storre;B:Product;C:Quantity;D:Price
# To get revenue from apples sold at Shaws
=SUMPRODUCT((A2:A17="Shaws")*(B2:B17="Apple")*C2:C17*D2:D17)
Note:
When you add filters to a SUMPRODUCT, you need to change the commas to multiplication signs.
When you apply a condition or filter to a column, Excel translates those cells as 0's(if false) and 1's(if true); If you multiply all columns, only rows that satisfy all conditions will produce a non-zero sum.
5.COUNTIF/SUMIF/AVERAGEIF
Function Name
Example/Syntax
Description
CountIf
=COUNTIF(range,criteria)
Calculates a count based on specific criteria
SumIf
=SUMIF(range,criteria,sum_range)
Calculates a sum based on specific criteria
AverageIf
=AVERAGEIF(range,criteria,average_range)
Calculates an average based on specific criteria
Note:
range: Which cells need to match your criteria?
criteria: Under what condition do I want to sum, count, or average?
sum/average_range: Where are the values that I want to sum or average?