How To Quickly Calculate Rank In Excel @Brain Up
How To Quickly Calculate Rank In Excel @Brain Up
The RANK function syntax has the following arguments:
Number Required. The number whose rank you want to find.
Ref Required. An array of, or a reference to, a list of numbers. Nonnumeric values in ref are ignored.
Order Optional. A number specifying how to rank number.
Excel RANK Function
The Excel RANK function returns the rank of a numeric value when compared to a list of other numeric values. RANK can rank values from largest to smallest (i.e. top sales) as well as smallest to largest (i.e. fastest time).
Purpose
Rank a number against a range of numbers
Return value
A number that indicates rank.
Syntax
=RANK (number, ref, [order])
Arguments
number - The number to rank.
ref - The range that contains numbers to rank against.
order - [optional] Whether to rank in ascending or descending order.
Usage notes
The Excel RANK function assigns a rank to a numeric value when compared to a list of other numeric values. Use RANK when you want to display a rank for numeric values in a list. It is not necessary to sort the values in the list before using RANK.
Controlling rank order
The rank function has two modes of operation, controlled by the order argument. To rank values where the largest value is ranked #1, set order to zero (0). For example, with the values 1-5 in the range A1:A5:
=RANK(A1,A1:A5,0) // descending, returns 5
=RANK(A1,A1:A5,1) // ascending, returns 1
Set order to zero (0) when you want to rank something like top sales, where the largest sales number should rank #1, and to set order to one (1) when you want to rank something like race results, where the shortest (fastest) time should rank #1.
Duplicates
The RANK function will assign duplicate values to the same rank. For example, if a certain value has a rank of 3, and there are two instances of the value in the data, the RANK function will assign both instances a rank of 3. The next rank assigned will be 5, and no value will be assigned a rank of 4. If tied ranks are a problem, one workaround is to employ a tie-breaking strategy.
Note: The RANK function is now classified as a compatibility function. Microsoft recommends RANK.EQ or RANK.AVG be used instead.
Notes
The default for order is zero (0). If order is 0 or omitted, number is ranked against the numbers sorted in descending order: smaller numbers receive a higher rank value, and the largest value in a list will be ranked #1.
If order is 1, number is ranked against the numbers sorted in ascending order: smaller numbers receive a lower rank value, and the smallest value in a list will be ranked #1.
It is not necessary to sort the values in the list before using the RANK function.
In the event of a tie (i.e. the list contains duplicates) RANK will assign the same rank value to each set of duplicates.
Some documentation suggests ref can be a range or array, but it appears ref must be a range.
RANK Function
Returns the statistical rank of a given value within an array of values
What is the RANK Function?
The RANK Function[1] is categorized as an Excel Statistical function. The function returns the statistical rank of a given value within a supplied array of values. Thus, it determines the position of a specific value in an array.
Formula
=RANK(number,ref,[order])
The RANK function uses the following arguments:
Number (required argument) – This is the value for which we need to find the rank.
Ref (required argument) – Can be a list of, or an array of, or reference to, numbers.
Order (optional argument) – This is a number that specifies how the ranking will be done (ascending or descending order).
0 – is used for descending order
1 – is used for ascending order
If we omit the argument, it will take a default value of 0 (descending order). It will take any non-zero value as the value 1 (ascending order).
Before we proceed, we need to know that the RANK function has been replaced by RANK.EQ and RANK.AVG. To enable backward compatibility, RANK still works in Excel 2016 (latest version), but it may not be available in the future. If you type this function in Excel 2016, it will show a yellow triangle with an exclamation point.
RANK in Excel
The RANK function in Excel returns the rank of a number in a list of numbers. Use RANK.AVG to return the average rank if more than one number has the same rank.
1. If the third argument is omitted (or 0), Excel ranks the largest number first, second largest number second, etc.
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