Excel Formula To Average Top 5 Values In Excel

Search
Generic filters
(adsbygoogle = window.adsbygoogle || []).push({});

Table of Contents

(adsbygoogle = window.adsbygoogle || []).push({});

Let’s say you have a line-up of 20 products in your company and you have data for monthly sales of all the 20 products. So, Average Top 5 values helps in such cases to find out the average.

From that data, you want to calculate the average of the top 5 products. In short, you want to get the average of the top 5 values from that data. Look at the below example.

Formula: Average TOP 5 Values

To average the top 5 scores from the list, you can use a formula based on the combination of LARGE and AVERAGE. And, the formula will be:

=AVERAGE(LARGE(B2:B21,{1,2,3,4,5}))

(adsbygoogle = window.adsbygoogle || []).push({});

How Average Top 5 Formulas Work?

To understand this formula, you need to split it into two parts. In the first part, we have used the LARGE function.

(adsbygoogle = window.adsbygoogle || []).push({});

LARGE Function

The LARGE function can return the nth largest value from data. If you specify 2 as the nth value it will return the second-highest value from the data.

Here you need the top 5 values, not just one so that you will average them. For this, you need to enter the below array as nth value.

{1,2,3,4,5}

When you enter this into the function, it returns an array of top 5 values, just like this below.

In the end, the average function returns the average of those values. Here you need to understand that the average function can take an array without entering a formula as CTRL + SHIFT + ENTER.

(adsbygoogle = window.adsbygoogle || []).push({});

Free Excel Templates

http://xlsxtemplates.com/wp-content/uploads/2021/12/monthly-cash-flow.png

Monthly Cash Flow

About Monthly Cash Flow Management Excel Template Monthly cash flow …

Download Now
Medication-Schedule-Overview

Medication Schedule

Over 60% of patients who take medication for a chronic condition forget …

Download Now
Twitter-Content-Calendar-Excel-Template

Twitter Content Calendar

Twitter Content Calendar template to plan week-wise tweets on twitter for …

Download Now
Budget Variance Analysis

Budget Variance Analysis

Budget Variance Analysis Excel Template consist of various worksheet for …

Download Now

We Create Your Life Easy With Our Free Excel Templates & Spreadsheet Dashboards

Use free Excel Templates, Tools and Dashboards to create and draft a professional looking dashboards and computation sheet for your personal and business use. You can Explore Calendars, Activity Planners, Invoice Templates, Sales Forecast Sheets, Budget templates and various business information delivering Templates in Excel and Spreadsheet at XLSX Templates. 

These templates, dashboards and tools are useful in various occasions. You can also customize these templates as per your requirement. Modification of fields and data source helps in making the template more relevant.

Learn Microsoft Excel : Blogs and Articles

Learn about various tips and tricks in Microsoft Excel and Spreadsheet. Create best templates and dashboards using free tricks and tutorials in excel and spreadsheet. These tutorial posts are useful for everyone who wants to master the skills in excel and spreadsheet.