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This article describes the formula syntax and usage of the AVERAGE function in Microsoft Excel. Returns the average (arithmetic mean) of the arguments. For example, if the range A1:A20 contains numbers, the formula =AVERAGE(A1:A20) returns the average of those numbers. AVERAGE(number1, [number2], ...) The AVERAGE function syntax has the following arguments: Number1 Required.
In this AVERAGEIFS formula: 1  Average_range is B2:B8 (cells that you want to average if both conditions are met); 2  Criteria_range1 is A2:A8 (Items column) and criteria1 is banana; 3  Criteria_range2 is B2:B8 (Sales column) and criteria2 is >100.