This visual execution shows how SQL aggregate functions handle NULL values. Starting with a list of values including NULL, each row is checked. If the value is NULL, it is ignored and does not add to the sum or count. Non-NULL values add to the running sum and increase the count. The average is calculated by dividing the sum by the count of non-NULL values. This process ensures NULLs do not skew the aggregate result. If all values were NULL, the aggregate would return NULL. This step-by-step trace helps beginners understand how NULLs are handled in aggregates.