Calculating an Average point value based on selected cost

R3MCC

New Member
Joined
Feb 28, 2018
Messages
2
Hi,
If I have a table shown below. I want to calculate the numeric rank of the item selected. For the examples below, I would expect row 1 to return something over a ranking of 3 as the selected value ended up higher than the largest option given. Where as line two's selection was in the middle of 2 and 3 so I would expect 2.5. Line 3 would be close to maybe 2.4 and then line 4 would be 2. Any thoughts on a formula or equation to use to do this?
[TABLE="width: 465"]
<tbody>[TR]
[TD]Option 1 [/TD]
[TD]Option 2[/TD]
[TD]Option 3[/TD]
[TD]Selected item[/TD]
[TD]Scale [/TD]
[/TR]
[TR]
[TD] 11,050 [/TD]
[TD] 35,350 [/TD]
[TD] 49,950 [/TD]
[TD] 55,164 [/TD]
[TD] 3.5 [/TD]
[/TR]
[TR]
[TD] 8,000 [/TD]
[TD] 12,000 [/TD]
[TD] 20,000 [/TD]
[TD] 16,000 [/TD]
[TD] 2.5 [/TD]
[/TR]
[TR]
[TD] 35,000 [/TD]
[TD] 50,000 [/TD]
[TD] 75,000 [/TD]
[TD] 60,000 [/TD]
[TD] 2.4 [/TD]
[/TR]
[TR]
[TD] 22,200 [/TD]
[TD] 34,680 [/TD]
[TD] 66,000 [/TD]
[TD] 34,680 [/TD]
[TD] 2.0 [/TD]
[/TR]
</tbody><colgroup><col span="3"><col><col></colgroup>[/TABLE]
 

Excel Facts

Can a formula spear through sheets?
Use =SUM(January:December!E7) to sum E7 on all of the sheets from January through December
maybe there is a better way but this seems to work the way you described...

Code:
=IF(D2>=C2,2+D2/C2,IF(D2>=B2,2+(D2-B2)/(C2-B2),IF(D2>=A2,1+(D2-A2)/(B2-A2),D2/A2)))

that is the formula for the scale assuming the table starts in A1

Result:

[TABLE="width: 317"]
<colgroup><col span="4"><col></colgroup><tbody>[TR]
[TD]Option 1[/TD]
[TD]Option 2[/TD]
[TD]Option 3[/TD]
[TD]Selected item[/TD]
[TD]Scale[/TD]
[/TR]
[TR]
[TD="align: right"]11,050[/TD]
[TD="align: right"]35,350[/TD]
[TD="align: right"]49,950[/TD]
[TD="align: right"]55,164[/TD]
[TD="align: right"]3.104384384[/TD]
[/TR]
[TR]
[TD="align: right"]8,000[/TD]
[TD="align: right"]12,000[/TD]
[TD="align: right"]20,000[/TD]
[TD="align: right"]16,000[/TD]
[TD="align: right"]2.5[/TD]
[/TR]
[TR]
[TD="align: right"]35,000[/TD]
[TD="align: right"]50,000[/TD]
[TD="align: right"]75,000[/TD]
[TD="align: right"]60,000[/TD]
[TD="align: right"]2.4[/TD]
[/TR]
[TR]
[TD="align: right"]22,200[/TD]
[TD="align: right"]34,680[/TD]
[TD="align: right"]66,000[/TD]
[TD="align: right"]34,680[/TD]
[TD="align: right"]2[/TD]
[/TR]
</tbody>[/TABLE]
 
Last edited:
Upvote 0

Forum statistics

Threads
1,225,749
Messages
6,186,802
Members
453,373
Latest member
Ereha

We've detected that you are using an adblocker.

We have a great community of people providing Excel help here, but the hosting costs are enormous. You can help keep this site running by allowing ads on MrExcel.com.
Allow Ads at MrExcel

Which adblocker are you using?

Disable AdBlock

Follow these easy steps to disable AdBlock

1)Click on the icon in the browser’s toolbar.
2)Click on the icon in the browser’s toolbar.
2)Click on the "Pause on this site" option.
Go back

Disable AdBlock Plus

Follow these easy steps to disable AdBlock Plus

1)Click on the icon in the browser’s toolbar.
2)Click on the toggle to disable it for "mrexcel.com".
Go back

Disable uBlock Origin

Follow these easy steps to disable uBlock Origin

1)Click on the icon in the browser’s toolbar.
2)Click on the "Power" button.
3)Click on the "Refresh" button.
Go back

Disable uBlock

Follow these easy steps to disable uBlock

1)Click on the icon in the browser’s toolbar.
2)Click on the "Power" button.
3)Click on the "Refresh" button.
Go back
Back
Top