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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)
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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:

  1. 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.

  2. D3:D7 is the range of cells where your data is located.

  3. 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.

This problem has been solved

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