CFI-Excel-eBook

The Corporate Finance Institute Excel
Example 3 – Using COUNT function with AVERAGE function
Suppose the prices of a certain commodity are given below:
If we wish to find out the average price from January 8 to 12, we can use
AVERAGE function along with COUNT and OFFSET functions.
The formula to use will be:
The OFFSET function helped in creating dynamic rectangular ranges. By giving
the starting reference B2, we specified the rows and columns the final range
would include.
OFFSET would now return a range originating from the last entry in column B.
Now the COUNT function is used for all of column B to get the required row
offset. COUNT counts only numeric values, so the headings if any are
automatically ignored.
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