TRIMMEAN works by first excluding values from the top and bottom of a data set, then calculating mean. The number of data points is provided as a percentage. The percentage can be input either in decimal format or percent format: It’s important to note that TRIMMEAN rounds excluded data points down to the nearest multiple of 2. For example, with 50 data points, 10% equals 5 values. In this case, TRIMMEAN will round 5 down to 4, then exclude two values from the top, of the data set, and two values from the bottom of the data set.
Dave Bruns
Hi - I’m Dave Bruns, and I run Exceljet with my wife, Lisa. Our goal is to help you work faster in Excel. We create short videos, and clear examples of formulas, functions, pivot tables, conditional formatting, and charts.
