Which formula below will extract the third largest price from the data set above?=LARGE(3,C3:C7)=LARGE(D3:D7,3)=SMALL(C3:C7,3)=LARGE(C3:C7,C6)
Question
Which formula below will extract the third largest price from the data set above?=LARGE(3,C3:C7)=LARGE(D3:D7,3)=SMALL(C3:C7,3)=LARGE(C3:C7,C6)
Solution
The formula that will extract the third largest price from the data set is =LARGE(D3:D7,3).
Here's the step by step explanation:
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The LARGE function in Excel returns the k-th largest value in a data set. In this case, you want the third largest value, so k is 3.
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D3:D7 is the range of cells where your data is located.
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So, =LARGE(D3:D7,3) will return the third largest value in the range D3:D7.
The other formulas are incorrect because:
- =LARGE(3,C3:C7) is incorrect because the syntax of the LARGE function is LARGE(array, k). Here, 3 is not an array.
- =SMALL(C3:C7,3) is incorrect because the SMALL function returns the k-th smallest value, not the largest.
- =LARGE(C3:C7,C6) is incorrect because C6 is not a valid k value. The k value should be the position from the largest value that you want to return, which in this case is 3.
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