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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 case, Excel multiplies the values in the array (the cell range C2 through D11) and then uses the SUM function to add the totals together. The result is a grand total of $1,590,000 in sales. This example shows how powerful this type of formula can be. For example, suppose you have 1,000 rows of data.