IntermediateStatistical Functions7 min25 points

Measure the spread, ignoring the extremes

The situation

Harbor Supply's best week was a one-off restocking surge and its worst was the week of a blizzard. Planning wants the spread between the second-best and second-worst weeks instead, on the grounds that both extremes tell you nothing about a normal quarter.

A1
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Measure the spread, ignoring the extremes — question sheet. Use the arrow keys to move between cells, Enter or F2 to edit, Escape to cancel, Control D to fill down from the cell above, and Control C and Control V to copy and paste.
Row numberABCDE
1WeekRevenue
2Week 1$24,800
3Week 2$31,200
4Week 3$19,750
5Week 4$28,400
6Week 5$35,100
7Week 6$22,600
8Week 7$29,900
9Week 8$26,300
10
11Spread, extremes excluded
12

Functions in this exercise

  • LARGEReturns the nth largest value — the third-best rep, not just the best.
  • SMALLReturns the nth smallest value in a range.

Who this is for