Thursday, December 26, 2024

MIN

What Does the =MIN() Formula Do?

The =MIN() formula is used to find the smallest value in a given range of numbers. It's perfect for situations where you want to determine the minimum score, the lowest price, or the smallest quantity in a dataset.

Formula Syntax:


=MIN(number1, [number2], ...)
  • number1, number2, ...: These are the numbers or ranges you want to evaluate. You can include individual numbers, cell references, or ranges.

Step-by-Step Example:

Let’s look at a practical scenario to understand how this formula works.

Example Scenario: Finding the Lowest Score

Imagine you’re a teacher with a list of student scores, and you want to find the lowest score. Here’s the data:

StudentScore
Alice85
Bob92
Carol78
Dave89
Eve95
  1. Enter the Data:

    • Open Excel and input the data in two columns, as shown above.
  2. Use the =MIN() Formula:

    • Click on a blank cell where you want the result to appear.
    • Type the formula:
      =MIN(B2:B6)
    • Here, B2:B6 is the range of cells containing the scores.
  3. Press Enter:

    • The cell will now display the smallest value from the range, which is 78.

Additional Example: Finding the Lowest Price

Suppose you’re comparing prices for items online. Here's the data:

ItemPrice ($)
Laptop899
Headphones49
Mouse25
Keyboard75
Monitor199

To find the lowest price:

  1. Enter the prices in a range (e.g., B2:B6).
  2. Use the formula:
    excel
    =MIN(B2:B6)
  3. The result will show 25, the lowest price.

Pro Tips:

  • Ensure all values in your range are numerical; text or blank cells are ignored.
  • Combine the =MIN() formula with conditional formatting to highlight the smallest value in your data visually.

Conclusion:

The =MIN() formula is a must-know tool for any Excel beginner. Whether you’re managing finances, analyzing data, or comparing scores, this formula simplifies your task by identifying the smallest value in a snap. With this tutorial and examples, you’re well on your way to becoming an Excel pro. Ready to explore more Excel formulas? Stay tuned for our next beginner-friendly guide!

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