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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. ...