Calculate Mean with this Excel Formula $ Mean


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Excel is a powerful and versatile tool for working with data and performing calculations. One of the many functions available in Excel is the Mean() function, which can be used to calculate the average of a set of numbers. In this article, we'll take a closer look at the Mean() function and how to use the $ symbol when using it.

The Mean() function is used to calculate the arithmetic mean of a set of values. It takes the following form: =MEAN($A$1:$A$10). In this formula, A1:A10 is the range of cells containing the values we want to average. The $ symbol is used before the letter and number of each cell reference to make it absolute.

An absolute cell reference means that the cell reference is fixed and won't change when the formula is copied or moved. This is important if you want to ensure that the values in the range are not affected by any changes that are made. Without the $ symbol, the cell references would be relative, meaning that they would change when the formula is copied or moved.

In addition to the $ symbol, you can also use the MEAN() function with additional arguments such as logical values and text. By using these additional arguments, you can make more complex calculations that are based on conditions that you specify. For example, you could use the logical argument to calculate the average of only the numbers that meet certain criteria.

In conclusion, the Mean() function is a powerful tool for calculating the average of a set of values in Excel. By understanding how to use the $ symbol to make cell references absolute, you'll be able to create more robust and accurate formulas.


Paresh Deshmukh

Co-Founder, BoloForms

30 Jan, 2023

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