Question

What does the function =Average(G6:G15) do? 1) Calculates the average return of stock MO 2) Finds the sum of values in cells G6 to G15 3) Finds the maximum value in cells G6 to G15 4) Finds the minimum value in cells G6 to G15

Answer 1

The function =Average(G6:G15) calculates the average (mean) of the values in cells G6 to G15. It adds up all the values in that range and then divides the sum by the total number of values to provide the average value.

Step-by-step explanation:

The function =Average(G6:G15) computes the average of the values in cells G6 to G15.

It calculates the mean, which involves adding up all the numbers in the specified range and then dividing the sum by the count of values.

This function is not concerned with stock returns, finding sums, maximum, or minimum values; it specifically determines the average value.

If you want to find the sum, you would use the SUM function; for the maximum, you would use MAX, and for the minimum, you would use MIN.

But the Average function, as indicated by its name, focuses on providing the average value of the specified range.