Unit 2 Array Formulas
An array is just a collection of values or data organized in a row, column, or group of cells. You can think of it like a table of information. Arrays are handy because they let you work with lots of data at once, making calculations faster and easier.
For example, instead of adding up numbers one by one, you can add up a whole column of numbers all at once using an array formula. Excel has special functions designed to handle arrays, which can help you analyze and manipulate data more efficiently.
In the previous lesson, where you calculated the SUM and AVERAGE using the respective formulas, you were using array functions.
Using MIN and MAX functions with arrays in Microsoft Excel allows you to find the smallest and largest values respectively within a range of cells.s
Using MIN with Arrays:
To find the smallest value in a range of cells, you can use the MIN function.
Let's say you have a range of numbers in cells A1:A5, and you want to find the smallest value among them.
To do this, you would input the following formula:
=MIN(A1:A5)
Press Enter to get the result. Excel will return the smallest value in the specified range.
Using MAX with Arrays:
Similarly, to find the largest value in a range of cells, you can use the MAX function.
For instance, if you have numbers in cells B1:B10 and want to find the largest value among them:
=MAX(B1:B10)in
g
MIN and MAX functions with arrays in Microsoft Excel allows you to find the smallest an largest values respectively within a range of cells. A
Assignment
You work as an administrative assistant at a real estate agency. Part of your job involves managing property listings and analyzing pricing trends to assist the sales team in setting competitive prices for properties. Today, you have been tasked with analyzing the prices of residential properties sold in the past year within a specific neighborhood to determine the maximum and minimum sale prices. This information will help the sales team understand the price range of comparable properties and make informed decisions when pricing new listings.
To tackle this scenario, you will use the MAX and MIN functions with arrays to find the highest and lowest sale prices within the dataset of residential property prices.
Click HERE to access the Dataset to complete the assignment.
Submit your answer to actira.tt@gmail.com