In last post, we learnt how to generate random number between two numbers in Excel. In this post, we shall learn how to rank a number in the list of numbers in Excel.
RANK.EQ function is equivalent to RANK function of older version of Excel. RANK.EQ function in Excel is used to return the rank of a number in a list of numbers; its size relative to other values in the list; if more than one value has the same rank, the top rank of that set of values is returned.
In below example, C1 cell has '=RANK.EQ(B2,$B$2:$B$6, 0)' formula where
D2 cell has the same formula however the 3^{rd} parameter is 1 so this gives the rank in descending order.
RANK.AVG function in Excel is used to return the rank of a number in the list of numbers; its size relative to other values in the list; if more than one value has the same rank, the average rank is returned.
In below example, E2 cell has '=RANK.AVG(B2,$B$2:$B$6,0)' formula where
Notice the E4 and E5 cell whose value is 2.5 as the RANK of B4 and B5 cells are same (Assuming E4 rank as 2 and E5 rank as 3 so the average is (2+3/2) = 2.5.
When the 3^{rd} parameter is 1, the ranking is done in descending order as shown in F2 cell.
Hope this helps in understanding RANK function in Excel. If this helps, do subscribe and share to your friends and colleagues.
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