Hello, I'm a research scientist analyzing some data for a behavioral task my colleagues and I invented. I've developed an informative metric from the data that I understand and can explain conceptually, and can certainly calculate by hand, but am having difficulty figuring out how to get Excel to do it as a formula. Here's a summary of the problem via example:
Start with a series of numbers; some will be positive and some negative (for example: 50, -100, 25)
Determine the absolute range within the series (MAX - MIN); in this case [50] - [-100] = 150
I'm not sure if it matters, but the particular metric I'm developing then divides that number by 2 (150 / 2 = 75)
So the final formula = (MAX(series) - MIN (series))/2
All the steps above work just fine and do what I need; however, the number constituting the final result of that formula must be assigned + or - based on the member of the series with the highest absolute value. In the example above, the result of the formula = 75, which is indeed the absolute range divided by 2, but the final number needs to be -75 because the member of the series with the highest absolute value = -100.
Obviously hand calculation and visually scanning the data are fine for brainstorming/development, but not a reliable approach for high-throughput data processing, so any insight or advice would be most appreciated!
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