AVERAGEIF Function
What is
the Average daily sales for the cheap products?
AVERAGEIF lets you figure the average based on your criteria.
This formula will look up a number in a Range of prices:
that's the Filter. The cells that you select to calculate the
Average is called the Average_Range
.
Try This:
AVERAGEIF
Cell D63
type: Average Daily Sale for Cheap Products.
Now, select cell E63.
Go to
Formulas -> More Functions.
Select
Statistical ->AVERAGEIF.
Enter the Range: Net
Enter the Criteria: <3.50
Enter the
Average_range: Q1sales
What Do
You See?
The sample
formula is=AVERAGEIF(Net,"<3.50",Q1sales)