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ninjadan 
OR
=CHAR(AVERAGE(IF(ISNUMBER(CODE(A1:A5)),CODE(A1:A5),"")))
Also an array function so use CNTRL SHFT ENTER
Note: Your formula (and these formula's) seem flawed as if there is even 1 A and 4 B's, the result is A. Is that an issue?
OR
=CHAR(AVERAGE(IF(ISNUMBER(CODE(A1:A5)),CODE(A1:A5),"")))
Also an array function so use CNTRL SHFT ENTER
Note: Your formula (and these formula's) seem flawed as if there is even 1 A and 4 B's, the result is A. Is that an issue?
ChemistB
My 2?
substitute commas with semi-colons if your region settings requires
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