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A workbook contains a list of houses and the months they were sold in Florida. You are interested in determining the average price of houses sold in June in Ft. Lauderdale. What function is best suited for this calculation?

Answer :

AVERAGEIF function calculates the average price of sold houses in june in ft.

An arithmetic mean of integers can be calculated using a variety of different functions in Excel. If you want to average cells that satisfy a given requirement. With the help of one or more true or false conditions, the Excel built-in function AVERAGEIFS determines the average of a range. The AVERAGEIF function determines the mean of the integers in a range that satisfy given requirements. The AVERAGEIF function allows partial matching with wildcards (*,?) and logical operators for applying criteria (>,,>,=). To average cells with dates, numbers, and text, use the AVERAGEIF function. AVERAGEIF('sold houses','month==june').

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