AVERAGEIF vs SMALL vs FORECAST
Compact mode

AVERAGEIF vs SMALL vs FORECAST

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
    For all*
    • Statistical
      Excel functions for statistical analysis and calculations
  • Operation Type 🔧

    Fundamental type of operation or action that the Excel function performs on its inputs
    For all*
    • Calculation
      Excel functions for performing various calculations

Basic Information Comparison

  • Known For

    Distinctive characteristic or primary strength of the Excel function
    AVERAGEIF
    • Conditional Average Calculations
      AVERAGEIF is known for Conditional Average Calculations.
    SMALL
    • Finding Nth Smallest Value
      SMALL is known for Finding Nth Smallest Value.
    FORECAST
    • Linear Trend Prediction
      FORECAST is known for Linear Trend Prediction.

Facts Comparison

  • Interesting Fact 💡

    Unique or lesser-known information about the Excel function
    AVERAGEIF
    • Used over 1 billion times monthly
    SMALL
    • Commonly used in grade calculations
    FORECAST
    • Based on least squares regression method
  • Sarcastic Fact 🤣

    Humorous or ironic observation about the Excel function
    AVERAGEIF
    • Makes statisticians feel superior with basic math
    SMALL
    • The underachiever of the statistical functions
    FORECAST
    • The crystal ball of Excel functions

Technical Details Comparison

Evaluation Comparison

  • Pros

    Key advantages and strengths of the Excel function
    AVERAGEIF
    • Easy To Understand
      Functions with clear and intuitive syntax that are simple to learn
    • Handles Basic Conditional Averaging
    SMALL
    • Easy To Understand
      Functions with clear and intuitive syntax that are simple to learn
    • Reliable Results
    FORECAST
    • Statistical Accuracy
      Excel functions with high statistical accuracy ensure precise mathematical and analytical results
    • Trend Analysis
    • Professional
    • Scientific Prediction
    • Based On Historical Data
      Functions that analyze and process historical time-series data
  • Cons

    Limitations and potential drawbacks of the Excel function
    AVERAGEIF
    • Limited Condition Options
    • Single Criteria Only
    SMALL
    • Array Size Limitations
    • Static Ranking
    FORECAST
    • Assumes Linear Relationship
    • Complex Setup
    • Sensitive To Outliers

Ratings Comparison

Alternatives to AVERAGEIF
COUNT
Known for Counting Numeric Cells
📊 is easier to use than AVERAGEIF
📈 is more versatile than AVERAGEIF
is rated higher than AVERAGEIF
COUNTIFS
Known for Multiple Criteria Counting
📈 is more versatile than AVERAGEIF
is rated higher than AVERAGEIF
SUM
Known for Basic Arithmetic Calculations
📊 is easier to use than AVERAGEIF
📈 is more versatile than AVERAGEIF
🛠 is more reliable than AVERAGEIF
is rated higher than AVERAGEIF
COUNTIF
Known for Counting With Conditions
📈 is more versatile than AVERAGEIF
AVERAGE
Known for Basic Statistical Calculation
📊 is easier to use than AVERAGEIF
📈 is more versatile than AVERAGEIF
performs better than AVERAGEIF
is rated higher than AVERAGEIF
IF
Known for Conditional Statements
🔢 needs fewer arguments than AVERAGEIF
📈 is more versatile than AVERAGEIF
is rated higher than AVERAGEIF