In this article, we will learn How to use the RANK function in Excel.
Rank of a value
In Excel, we are given a table and we need to set an index on the fixed column based on ascending or descending. Excel we call it ranking a value. The Rank Function in Excel is used to rank a number within a list. This function is outdated and Excel no longer recommends to use it. Excel has introduced two new ranking functions named RANK.AVG function and RANK.EQ function. You can check them out by clicking the function. Let's understand the RANK function syntax and an example to illustrate the function usage.
RANK Function in Excel
The RANK function returns the rank of any value in the array index.
RANK Function syntax:
| =RANK(number,ref_range,[order]) |
Number: The number that you want to rank
Ref_Range: The range in which you want to rank. The number must be in the ref_range.
[Order]: This argument is optional. 1 is for ascending ranking and 0 for descending. Ascending ranking means that higher number will get lover ranking. Descending ranking means higher number will get higher ranking. By default it is Descending.
Example :
All of these might be confusing to understand. Let's understand how to use the function using an example. So to rank each number in range A3:A12 in descending order we can write this RANK formula.
| =RANK(A3,$A$3:$A$12) |
Similarly to rank each number in range A3:A12 in ascending order write this RANK formula.
| =RANK(A3,$A$3:$A$12,1) |
1 commands excel to rank in ascending order.
The best thing about the RANK function that you don’t need to sort the data to rank.
This RANK function was used extensively in Excel 2007 and earlier. Now in Excel 2016 RANK.AVG and RANK.EQ are used.
RANK.AVG FUNCTION EXAMPLE
So to rank each number in range A3:A12 in descending order we can write this RANK.AVG formula.
| =RANK.AVG(A3,$A$3:$A$12) |
Similarly to rank each number in range A3:A12 in ascending order write this RANK.AVG formula.
| =RANK.AVG(A3,$A$3:$A$12,1) |
1 commands excel to rank in ascending order.
The best thing about the RANK.AVG function is that you don’t need to sort the data to rank.
Since Excel 2010 till now RANK.AVG function is used to rank numbers with average ranking in excel.
RANK.EQ FUNCTION EXAMPLE
So to rank each number in range A3:A12 in descending order we can write this RANK.EQ formula.
| =RANK.EQ(A3,$A$3:$A$12) |
Similarly to rank each number in range A3:A12 in ascending order write this RANK.EQ formula.
| =RANK.EQ(A3,$A$3:$A$12,1) |
1 commands excel to rank in ascending order.
The best thing about the RANK.EQ function is that you don’t need to sort the data to rank.
Since Excel 2010 till now RANK.EQ function is used to rank numbers with average ranking in excel.
Here are all the observational notes using the RANK function in Excel
Notes :
Hope this article about How to use the RANK function in Excel is explanatory. Find more articles on calculating values and related Excel formulas here. If you liked our blogs, share it with your friends on Facebook. And also you can follow us on Twitter and Facebook. We would love to hear from you, do let us know how we can improve, complement or innovate our work and make it better for you. Write to us at info@exceltip.com.
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