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Determine the average price

  1. #1
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    Determine the average price

    I am on the last question of my assignment but I am having difficulty....

    It states:
    Go to the summary worksheet. and then enter appropriate functions in the range B5:C7 to determine the average modem price and count for each modem price...
    I have figured out the count part of this, but not the price...
    I assume I would use AVERAGEIF?
    I don't understand how to use AVERAGEIF

    ANy help is appreciated! :-)
    Attached Files Attached Files

  2. #2
    Valued Forum Contributor Blake 7's Avatar
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    Re: Determine the average price

    Hiya, you are right. Averageif will certainley answer your question.

    =AVERAGEIF(range, criteria, [average_range])
    Blake 7

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  3. #3
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    Re: Determine the average price

    Whenever I try AVERAGEIF, I get an error

    This is what I put in
    =AVERAGEIF(ProductPrice[Price],A5)

    What would I put in for Range, Criteria, and Average Range?
    Your help is appreciated!
    Last edited by abbycat02; 09-22-2012 at 02:09 PM.

  4. #4
    Valued Forum Contributor Blake 7's Avatar
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    Re: Determine the average price

    the answer is above.

    The formula consits of 3 factors Range, criteria, and average range. how many factors has your formula taken into consideration?

    We dont do homework on EF, but simply point in the right direction. If you google Avgif.... you will be fine.

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    Re: Determine the average price

    I don't understand how to use AVERAGEIF
    Excel Help explains it . . . press the F1 key.
    Palmetto

    Do you know . . . ?

    You can leave feedback and add to the reputation of all who contributed a helpful response to your solution by clicking the star icon located at the left in one of their post in this thread.

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    Re: Determine the average price

    PC Modem2Shadrack.xlsx

    View this. Report if your problem is solved

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