Excel

RANK: Excel Formulae Explained

How do you use RANK in Excel?

RANK is a function in Excel that allows you to rank numbers in a list from smallest to largest, or from largest to smallest. To use the RANK function, you first need to enter the numbers that you want to rank into a list. Next, you need to enter the RANK function into a cell, and then specify the range of cells that you want to rank. Excel will then rank the numbers in the list and return the rank of the number in the range.

What is the syntax of RANK in Excel?

The syntax of the RANK function in Excel is as follows:

=RANK(value,ref_range, [order_num])

The function takes three arguments:

value: The value to rank. ref_range: The range of cells to compare the value to. [order_num]: (optional) The number to rank the values in the ref_range from smallest to largest. If omitted, the function will rank the values in the ref_range from largest to smallest.

What is an example of how to use RANK in Excel?

The RANK function in Excel is used to rank a list of numbers in either ascending or descending order. The function takes a list of numbers as an input, and then assigns a rank to each number in the list. The rank of a number is determined by its position in the list, with the first number in the list having a rank of 1, the second number in the list having a rank of 2, and so on. The RANK function can be used to rank a list of numbers in a column, or to rank a list of numbers in a row.

When should you not use RANK in Excel?

There are several instances in which you should not use RANK in Excel:

- If you want to sort a list in ascending order, use the Sort function instead of RANK.

- If you want to find the rank of a number within a list, use the INDEX function instead of RANK.

- If you want to find the rank of a text string within a list, use the MATCH function instead of RANK.

What are some similar formulae to RANK in Excel?

There are a few similar formulae to RANK in Excel. One is the DENSE_RANK function, which calculates the rank of a value within a range of values, but gives equal rank to ties. Another is the RANK.EQ function, which calculates the rank of a value within a range of values, and gives equal rank to ties. Finally, the RANK function calculates the rank of a value within a range of values, and does not give equal rank to ties.

Move beyond 

Excel

Get started with Causal today.
Build models effortlessly, connect them directly to your data, and share them with interactive dashboards and beautiful visuals.