#### How to use Rank Function

The RANK function in Excel is used to rank a number within a set of numbers, and return its rank as a whole number. It can also return the rank with a fractional component if more than one number has the same value.

Here’s how to use the RANK function:

Syntax: RANK(number, ref, [order])

- Number: The value you want to find the rank of.
- Ref: A range of cells that contains the numbers to be ranked.
- [order]: An optional argument that specifies the order in which to rank the values in the ref argument. It can be either 0 or 1, with 1 being the default value. If 1 is specified, the function will return the rank in ascending order, and if 0 is specified, it will return the rank in descending order.

Example:

Suppose you have a set of values in cells A2 to A7 and you want to find the rank of the value in cell A2. To do this, you can enter the following formula in another cell:

=RANK(A2,A2:A7,0)

The result of this formula will be the rank of the number in cell A2 within the set of numbers in the range A2 to A7, with a descending order.

Note: If there are multiple values in the ref argument that have the same value as the number argument, the RANK function will return the average rank of those values.

There is also a RANK.AVG function that calculates the average rank of a number in a set of values, rather than the rank of the first occurrence of that value.

Syntax: RANK.AVG(number, ref, [order])

- Number: The value you want to find the rank of.
- Ref: A range of cells that contains the numbers to be ranked.
- [order]: An optional argument that specifies the order in which to rank the values in the ref argument. It can be either 0 or 1, with 1 being the default value. If 1 is specified, the function will return the rank in ascending order, and if 0 is specified, it will return the rank in descending order.

Example:

Suppose you have a set of values in cells A2 to A7 and you want to find the average rank of the value in cell A2. To do this, you can enter the following formula in another cell:

=RANK.AVG(A2,A2:A7,0)

The result of this formula will be the average rank of the number in cell A2 within the set of numbers in the range A2 to A7, with a descending order.

In summary, the RANK and RANK.AVG functions are useful for finding the rank of a number in a set of values, either as a whole number or with a fractional component to account for multiple occurrences of the same value. To use these functions, simply enter the appropriate formula, specifying the number to be ranked, the range of values to be ranked, and the desired order.

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