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Formula explanation

  1. #1
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    Formula explanation

    Hi,
    Can someone pls explain to me meaning of below formula:
    =CONCATENATE("Overall Score = ",ROUND((SUMIF($E$4:$E$336,">=0"))/(COUNTIF($E$4:$E$336,">=0")*0.02),2),"%")


    Thx,
    Arke

  2. #2
    Forum Expert Ace_XL's Avatar
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    Re: Formula explanation

    The formula will give you the 2% of the average of range E4:E336 for all values that are greater than zero. this will be rounded off to two decimals and the display text will be something like this

    Overall Score = x.xx%
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  3. #3
    Forum Contributor
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    08-23-2012
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    Re: Formula explanation

    Hi,

    Ace_XL is absolutely right.

    If you are using excel 2007 and above, I think below will be the shorter version of your formula.

    ="Overall Score = "&ROUND(AVERAGEIF($E$4:$E$336,">=0",$E$4:$E$336)*0.02,2)&"%"

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