Lets say you have a large list of numbers, and you want to calculate the average of every nth value. Not the average of all numbers, but just every nth number.
That is what we will learn in next few minutes.
Few assumptions
Before we jump in to any formulas, first lets assume that all your data is in a table, conveniently named as tbl. Lets say this table has below structure.

Also, the value of n is a named cell N.
Average of every nth value
Approach 1: Using helper columns
If you have no allergies towards nuts, dairy or helper columns, then this approach is easiest.
We just add an extra column to our tbl , called as helper.
In the helper column, write this formula.
=MOD([@ID], N)=0
This will fill the helper column with TRUE & FALSE values, TRUE for all nth values, FALSE for everything else. See aside.
Once we have the helper column, calculating average of every nth value is easy as eating every slice of a cake.
We use AVERAGEIF to do this.
=AVERAGEIF(tbl[Value],tbl[Helper],TRUE)
Approach 2: Not using helper columns
Now things get interesting. Lets say you want to calculate average, but not use any helper columns.
First the formula:
=AVERAGE(IF(MOD(tbl[ID], N)=0,tbl[Value]))
Array entered.
Lets understand how it works:
We want the average of every nth item of tbl[Value] column.
In other words, we want average of every item of tbl[Value] column, whose corresponding tbl[ID] value is perfectly divisible by n.
How do we know when a value is perfectly divisible by another?
Don’t worry. You don’t have to do the long division on paper now. Instead we use Excel’s MOD function.
When a value is perfectly divisible by another, the reminder is zero.
So, MOD(value1, value2) = 0 means, value2 divides value1 perfectly.
That means…
We want the average of tbl[Value] when MOD(tbl[ID], N) = 0
Lets write that in Excel formula lingo.
=AVERAGE( IF(MOD(tbl[ID], N) = 0, tbl[Value]) )
This formula results in a bunch of values and FALSEs. Assuming N=3, this is what we get (for sample data):
=AVERAGE({FALSE;FALSE;15;FALSE;FALSE;18;FALSE;FALSE;18;FALSE;FALSE;15;FALSE;FALSE;14; …})
Since AVERAGE formula ignores any logical values, it will calculate the average of {15, 18, 18, 15, 14 … } and returns the answer you are expecting.
As this formula is processing arrays instead of single values, you need to array enter it (CTRL+SHIFT+Enter after typing the formula).
Bonus scenario: Average of FEBRUARY values only!
Here is a bonus scenario. Lets say you want to calculate the average sales of FEB alone… Then you can use AVERAGEIF (or AVERAGEIFS, if you want to have multiple conditions).
=AVERAGEIF(tbl[value], tbl[month], “FEB”)

Download example workbook:
Click here to download the example workbook. It contains all the techniques explained in this post. Play with the data & formulas to understand better.
Time for some challenges…
If you think averaging every nth value is not mean enough, try below challenges. Post your answers using comments.
- Write a formula to calculate average of every nth value, starting at row number ‘t’.
- Write a formula to calculate average of every nth value, assuming your table has only value column (no ID column).
Go ahead. Show off your formula skills. Post your answers in comments section.
Improving your Excel batting average
Calculating averages predates slice bread. Folklore says that when first neanderthal figured out how to express numbers and carved 2 of them on a cave wall, his manager walked by and asked “What is the average of these two? Eh?” and thumped her chest.
Although caves & wall carvings are replaced by cubicles & spreadsheets, we are still calculating averages, almost 2.9 million of them per hour.
So it pays to learn a few tricks about Excel Average formulas. Check out below to improve your average:
- Calculating Moving Average, Weighted Average
- Average of top 5 values
- Show averages & distribution in your charts
- Using SUMIFS formula (same tricks apply to AVERAGEIF, AVERAGEIFS too)
If your boss is the kind who thumps her chest and mocks you for your poor Excel skills, don’t cave in. Fight back. Enroll in Excel School and show that you can evolve.

















7 Responses to “Project Dashboard + Tweetboard = pure awesomeness!!!”
I would like to see actual hash-tagged DM tweets go out to the specific information consumers. That would be an interesting way to communicate the key daily data to interested parties.
A Twitter-like secure application like Yammer might be a good fit with this.
For example, how about daily tweets to selected user groups (secure) that would display sales, bookings, cash receipts, cash disbursed and a second version that would show the same info for MTD, QTD or YTD figures.
@Dan, it would be great. I did not taught about implementing it on this dashboard because twitter is blocked to the whole intranet here. However, there's a discussion here about how can we send these tweets to blackberries (probably through e-mail) automatically. (I'd like to see this implemented on a jabber restricted network as well, but here it'll probably not happen)
The wrap-up versions you mentioned doesn't apply to my particular scenario, but on a sales tweetboard it would be a great tool indeed - choosing who will receive which message according to hashtags. I'll think on something, thanks for the advice. 🙂
(Ah, btw, I'm Fernando... 🙂 )
@Dan: That is a fun idea. Instead of tightly integrating twitter functionality with a dashboard, i think it would be cool if we have a "tweet this" button that users can click after selecting a range of cells. We can easily show a dialog with the concatenated output of the selected cells and ask user to edit the text and eventually "send to twitter".
For eg. you can select the annual sales figure cell and click on "tweet this" button upon which a dialog will show the value. Then you can pre-pend it something like "DM @boss look at our sales this year: "
@Aires.. thanks once again.
Wow it looks really good. Not sure though how much the tweet facility would help in real world project management, but certainly having a dashboard on a project should be a key deliverable when learning how to manage a project
The other use of this is during the software development life cycle especially when you have parallel streams of development and testing going on. Using a dashboard is a quick way for everyone on the team to see where the project is at and how it all fits together.
Regards
Susan de Sousa
Site Editor http://www.my-project-management-expert.com
Hi Chandoo,
I purchased the project management toolkit but the dashboard shown above with the imbedded scroll bars. Is it included in the project pack??
Thanks
Sue
The gantt chart section of this dashboard is similar to one I have recently created: http://xlcalibre.com/hr-dashboard-gantt-chart-traffic-light-reportIt has a similar approach with scroll bars, but has a couple of additional features. I've tried to incorporate a traffic light report element, and also allow the timescale to adjusted so that can view it by days, weeks or months.I really like the other tables that you've incorporated, I may well try to replicate them to improve my version!
I am a monitoring and evaluation consultant in international development, and one of the services I offer is to help non-profits and foundations develop performance dashboards. I often advise them to develop dashboards for ongoing programs, rather than for one-time or pilot projects, because of the time involved. I am trying to find out from a few people how long it takes you to develop a project management dashboard, and to what extent the indicators vary from one project to the next.