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In this lesson we will go through the RANK and RANK AVERAGE functions, which rank the values in a list of values.
We’ll need to select the cell next to the first cell in the list, write Equals, RANK, select the first cell. We then select the entire list… and make it an absolute reference.
By default, the rank will go from largest to smallest, but if we add a 1 to the optional third argument of the function, it will instead go from smallest to largest. We will decide to go with the default for this example.
Copying down, we see that each of the numbers have been given a rank. However, some of the numbers have the same rank, and then skip the following rank.
We can then instead use the RANK AVERAGE function. It is the same as the RANK function, but after the function name, we simply add a full stop, and the letters AVG.
This will give the numbers a common rank in between the ranks which they are originally given.
We’ll sort to get a better view of the result.
In this lesson we have taken a look at the RANK and RANK AVERAGE functions.