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LARGE and SMALL in Excel - Dashboard Guide

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Dashboard Mode - LARGE and SMALL
Dashboard Goal

Find the top 3 highest and bottom 3 lowest sales amounts from a list of sales data to quickly understand best and worst sales performances.

Sample Data
SalespersonSales Amount
Alice500
Bob300
Charlie700
Diana200
Edward450
Fiona600
George350
Dashboard Components
  • Top 3 Sales Amounts (KPI cards):
    Formulas:
    =LARGE(B2:B8,1) returns 700
    =LARGE(B2:B8,2) returns 600
    =LARGE(B2:B8,3) returns 500
  • Bottom 3 Sales Amounts (KPI cards):
    Formulas:
    =SMALL(B2:B8,1) returns 200
    =SMALL(B2:B8,2) returns 300
    =SMALL(B2:B8,3) returns 350
  • Sales Data Table: Shows all salespersons and their sales amounts for reference.
Dashboard Layout
+----------------------+----------------------+
| Top 1 Sale: 700      | Bottom 1 Sale: 200   |
+----------------------+----------------------+
| Top 2 Sale: 600      | Bottom 2 Sale: 300   |
+----------------------+----------------------+
| Top 3 Sale: 500      | Bottom 3 Sale: 350   |
+-----------------------------------------+
| Sales Data Table                        |
| (All salespersons and amounts)         |
+-----------------------------------------+
Interactivity

Add a filter to select specific salespersons or a sales range. When you filter, the top and bottom sales amounts update automatically to reflect only the visible data.

Self Check

If you add a filter to show only sales amounts greater than 400, which components update?

  • The Top 3 Sales Amounts cards update to show the highest sales above 400.
  • The Bottom 3 Sales Amounts cards update to show the lowest sales above 400.
  • The Sales Data Table shows only salespersons with sales above 400.
Key Result
Dashboard shows top 3 highest and bottom 3 lowest sales amounts from sales data.

Practice

(1/5)
1. What does the Excel function LARGE(range, k) do?
easy
A. Returns the smallest number in the range
B. Returns the k-th largest number in the range
C. Returns the sum of the largest k numbers
D. Returns the average of the range

Solution

  1. Step 1: Understand the function purpose

    The LARGE function is designed to find the k-th largest value in a list or range of numbers.
  2. Step 2: Compare options with function behavior

    Only Returns the k-th largest number in the range correctly describes that it returns the k-th largest number, not the smallest, sum, or average.
  3. Final Answer:

    Returns the k-th largest number in the range -> Option B
  4. Quick Check:

    LARGE(range, k) = k-th largest number [OK]
Hint: LARGE picks biggest; SMALL picks smallest number [OK]
Common Mistakes:
  • Confusing LARGE with SUM or AVERAGE
  • Thinking LARGE returns smallest values
  • Mixing up k-th largest with total count
2. Which of these is the correct syntax to find the 3rd smallest number in cells A1 to A10?
easy
A. =SMALL(A1:A10, 3)
B. =SMALL(3, A1:A10)
C. =SMALL(A1:A10)
D. =SMALL(A1:A10, "3")

Solution

  1. Step 1: Recall SMALL function syntax

    The correct syntax is SMALL(range, k) where range is the data and k is the position.
  2. Step 2: Check each option

    =SMALL(A1:A10, 3) matches the correct syntax. =SMALL(3, A1:A10) reverses arguments, =SMALL(A1:A10) misses k, =SMALL(A1:A10, "3") uses a string instead of a number.
  3. Final Answer:

    =SMALL(A1:A10, 3) -> Option A
  4. Quick Check:

    SMALL(range, k) correct syntax [OK]
Hint: Use SMALL(range, k) with number k, not string [OK]
Common Mistakes:
  • Swapping arguments order
  • Omitting the k value
  • Using quotes around k
3. Given the values in cells A1 to A5: 10, 25, 15, 30, 20, what is the result of =LARGE(A1:A5, 2)?
medium
A. 30
B. 20
C. 15
D. 25

Solution

  1. Step 1: List values and sort descending

    The values are 10, 25, 15, 30, 20. Sorted largest to smallest: 30, 25, 20, 15, 10.
  2. Step 2: Identify 2nd largest value

    The 2nd largest value is 25.
  3. Final Answer:

    25 -> Option D
  4. Quick Check:

    LARGE(..., 2) = 2nd largest = 25 [OK]
Hint: Sort values mentally to find k-th largest [OK]
Common Mistakes:
  • Choosing the largest instead of 2nd largest
  • Confusing LARGE with SMALL
  • Miscounting the position k
4. You wrote =SMALL(A1:A5, 0) to find the smallest number. What is wrong and how to fix it?
medium
A. k cannot be zero; change 0 to 1
B. Range is wrong; use A1:A6 instead
C. Use LARGE instead of SMALL
D. Add quotes around 0 like "0"

Solution

  1. Step 1: Understand k parameter rules

    In SMALL(range, k), k must be a positive integer starting at 1 to pick the smallest, 2nd smallest, etc.
  2. Step 2: Identify the error and fix

    Using 0 for k is invalid. Change it to 1 to get the smallest value.
  3. Final Answer:

    k cannot be zero; change 0 to 1 -> Option A
  4. Quick Check:

    k ≥ 1 for SMALL function [OK]
Hint: k must be 1 or more, never zero [OK]
Common Mistakes:
  • Using zero or negative k values
  • Changing range unnecessarily
  • Confusing SMALL with LARGE
5. You have sales data in B2:B11. To find the 3rd highest sale excluding zeros, which formula works correctly?
hard
A. =LARGE(B2:B11, 3)
B. =SMALL(B2:B11, 3)
C. =LARGE(IF(B2:B11>0, B2:B11), 3) (entered as array formula)
D. =LARGE(B2:B11, 4)

Solution

  1. Step 1: Understand the problem requirement

    We want the 3rd largest sale but only counting values greater than zero (exclude zeros).
  2. Step 2: Analyze each option

    =LARGE(B2:B11, 3) includes zeros, so might pick zero if it is among top 3. =LARGE(IF(B2:B11>0, B2:B11), 3) (entered as array formula) uses IF to filter out zeros and requires array formula entry, which is correct. =SMALL(B2:B11, 3) uses SMALL, wrong direction. =LARGE(B2:B11, 4) picks 4th largest, not 3rd.
  3. Final Answer:

    =LARGE(IF(B2:B11>0, B2:B11), 3) -> Option C
  4. Quick Check:

    Filter zeros with IF, then LARGE(..., 3) [OK]
Hint: Use IF to exclude zeros inside LARGE with array formula [OK]
Common Mistakes:
  • Not excluding zeros, getting wrong rank
  • Using SMALL instead of LARGE
  • Wrong k value for position
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