Calculates the percentage rank of a value within a data set (0..1, exclusive).
Provides the ranking of a specified value within a dataset. For duplicate values, it returns the highest rank among those entries.
Calculates the percentage rank (or percentile) of a given value within a specified dataset, producing a result from 0 to 1.
The RANK.AVG function in Excel is a powerful tool used to determine the rank of a specific number within a dataset, while accounting for duplicate values by calculating the average rank for the tied values. This function is particularly useful for statistical analysis and comparative data evaluations, providing users with the ability to rank items in terms of their relative size in an efficient manner.