AVERAGE vs SUBSTITUTE vs PMT
Compact mode

AVERAGE vs SUBSTITUTE vs PMT

Table of content

Basic Classification Comparison

  • Function Category 📊
    Primary classification of the Excel function based on its main purpose and usage domain, helps users quickly identify function types
    AVERAGE
    • Statistical
      AVERAGE belongs to the Statistical category. Excel functions for statistical analysis and calculations
    SUBSTITUTE
    • Text
      SUBSTITUTE belongs to the Text category. Excel functions for manipulating and analyzing text data
    PMT

  • Operation Type 🔧
    Fundamental type of operation or action that the Excel function performs on its inputs
    AVERAGE
    • Calculation
      AVERAGE performs Calculation operations. Excel functions for performing various calculations
    SUBSTITUTE
    • Manipulation
      SUBSTITUTE performs Manipulation operations. Functions that modify and transform data in different ways
    PMT
    • Calculation
      PMT performs Calculation operations. Excel functions for performing various calculations

Usage Context Comparison

Basic Information Comparison

  • Known For ⭐
    Distinctive characteristic or primary strength of the Excel function
    AVERAGE
    • Basic Statistical Calculation
      AVERAGE is known for Basic Statistical Calculation.
    SUBSTITUTE
    • Replace Specific Text
      SUBSTITUTE is known for Replace Specific Text.
    PMT
    • Calculate Loan Payments
      PMT is known for Calculate Loan Payments.

Facts Comparison

  • Interesting Fact 💡
    Unique or lesser-known information about the Excel function
    AVERAGE
    • Most basic statistical function
    SUBSTITUTE
    • Originally designed for mail merge operations
    PMT
    • Most used function in banking industry

  • Sarcastic Fact 🤣
    Humorous or ironic observation about the Excel function
    AVERAGE
    • Making averages average since Excel began
    SUBSTITUTE
    • Find and replace's overachieving cousin
    PMT
    • The function that reminds you of your debts

Technical Details Comparison

  • Input Data Type 📝
    Types of data that the Excel function accepts as input parameters
    AVERAGE
    • Number
      AVERAGE accepts Number as input data. Excel functions specifically designed for numerical calculations
    SUBSTITUTE
    PMT
    • Number
      PMT accepts Number as input data. Excel functions specifically designed for numerical calculations

  • Version Compatibility 💻
    Indicates which Excel versions and platforms the function is compatible with < including Office 365< Excel 2019< 2016< etc.
    For all*
    • Excel 2019
      Excel functions that work specifically in Excel 2019 version
    • Excel 2016
      Excel functions that work specifically in Excel 2016 version
    • Excel 2013
      Excel functions that work specifically in Excel 2013 version
    AVERAGE
    • Microsoft 365
      AVERAGE is compatible with Microsoft 365 Excel functions optimized for the latest Microsoft 365 platform
    • Excel Online
      AVERAGE is compatible with Excel Online Excel functions optimized for use in the web-based Excel Online platform

  • Operating System 💾
    Specifies the operating systems where the function can be used < including Windows< macOS< and web platforms
    For all*
    • Windows
      Excel functions optimized for Windows operating system
    • MacOS
      Excel functions optimized for MacOS users
    • Web Excel
      Excel functions available in web-based versions

  • Required Arguments Count 🔢
    Number of mandatory arguments needed for the function to work properly
    AVERAGE
    SUBSTITUTE
    PMT

  • Required Arguments Type 📊
    The data types accepted as valid input arguments for the function
    For all*
    • Number
      Excel functions that perform calculations specifically with numerical inputs
    AVERAGE
    • Range
      AVERAGE accepts Range as input types Excel functions that operate on cell ranges for calculations
    • Array
      AVERAGE accepts Array as input types Excel functions that specifically work with array inputs for calculations
    SUBSTITUTE
    • Text
      SUBSTITUTE accepts Text as input types Excel functions specialized in text string manipulation and processing
    • Text
      SUBSTITUTE accepts Text as input types Excel functions specialized in text string manipulation and processing

Evaluation Comparison

Ratings Comparison

Alternatives to AVERAGE
MAX
Known for Finding Highest Value
COUNT
Known for Counting Numeric Cells
📊 is easier to use than AVERAGE
MIN
Known for Finding Lowest Value
COUNTIF
Known for Counting With Conditions
🔢 needs fewer arguments than AVERAGE
SUM
Known for Basic Arithmetic Calculations
📊 is easier to use than AVERAGE
📈 is more versatile than AVERAGE
🛠 is more reliable than AVERAGE
⭐ is rated higher than AVERAGE
PRODUCT
Known for Multiplying Numbers Together
ROUND
Known for Round Numbers
🔢 needs fewer arguments than AVERAGE
📊 is easier to use than AVERAGE
📈 is more versatile than AVERAGE
⭐ is rated higher than AVERAGE
COUNTA
Known for Count Non-Empty Cells
📊 is easier to use than AVERAGE
📈 is more versatile than AVERAGE
🛠 is more reliable than AVERAGE
⭐ is rated higher than AVERAGE
FACT
Known for Calculate Factorials
AVERAGEIF
Known for Conditional Average Calculations
🔢 needs fewer arguments than AVERAGE