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Lesson 3.3 – Math Functions (SUM, AVERAGE, MIN, MAX)

Lesson 3.3 – Math Functions (SUM, AVERAGE, MIN, MAX)

Excel includes built‑in functions that make calculations faster, easier, and more accurate. In this lesson, you will learn four essential math functions used worldwide in business, finance, and data analysis: SUM, AVERAGE, MIN, and MAX.


1. What Is a Function?

A function is a predefined formula that performs a specific calculation. All functions follow this structure:

=FUNCTION_NAME(arguments)

Example:

=SUM(A1:A10)

Functions save time and reduce errors compared to writing formulas manually.


2. SUM – Add Values

SUM adds numbers in a range of cells.

Syntax:

=SUM(range)

Example:

=SUM(B2:B10)

SUM is ideal for totals, budgets, sales, and any numeric aggregation.


3. AVERAGE – Calculate the Mean

AVERAGE calculates the arithmetic mean of a group of numbers.

Syntax:

=AVERAGE(range)

Example:

=AVERAGE(C2:C10)

Use AVERAGE to analyze performance, scores, or trends.


4. MIN – Find the Smallest Value

MIN returns the smallest number in a range.

Syntax:

=MIN(range)

Example:

=MIN(D2:D10)

Useful for identifying minimum prices, lowest scores, or smallest quantities.


5. MAX – Find the Largest Value

MAX returns the largest number in a range.

Syntax:

=MAX(range)

Example:

=MAX(D2:D10)

Use MAX to find highest values such as top sales, maximum temperature, or best performance.


6. Practical Example

Suppose you have sales data in cells B2:B11. You can calculate:

  • Total sales: =SUM(B2:B11)
  • Average sale: =AVERAGE(B2:B11)
  • Lowest sale: =MIN(B2:B11)
  • Highest sale: =MAX(B2:B11)

These four functions give you an instant overview of your data.


7. Common Mistakes to Avoid

  • Including empty rows inside the range
  • Using text values instead of numbers
  • Typing commas instead of colons in ranges (correct: A1:A10)
  • Forgetting the equal sign (=)

8. Practical Exercise

Practice math functions with the following steps:

  1. Create a worksheet named Lesson_3_3_Practice.
  2. Enter 10 numeric values in column A.
  3. Use SUM to calculate the total.
  4. Use AVERAGE to calculate the mean.
  5. Use MIN to find the smallest value.
  6. Use MAX to find the largest value.
  7. Change some values and observe how results update automatically.

Next Lesson

Lesson 3.4 – Counting Functions (COUNT, COUNTA, COUNTBLANK)

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