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Question no. 19294

In MS Excel, given sales data in column A, which formula properly extracts the second highest unique value?

Select your answer for: In MS Excel, given sales data in column A, which formula properly extracts the second highest unique value?
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Answer: C. =INDEX(SORT(UNIQUE(A:A), , -1), 2)

Explanation

The UNIQUE function extracts distinct values from column A by removing all duplicate entries. The SORT function organizes those unique values in descending order when specified with minus one. The INDEX function retrieves the specific value residing at the second position of the sorted array. Modern spreadsheet software supports dynamic array formulas that process multiple values simultaneously. Nested functions execute inner calculations first and pass their results outward to container functions. Data analysis often requires isolating specific ranked items from large datasets containing repeated values.

Financial analysts use ranking formulas to identify second-place sales figures or runner-up performance metrics. Dynamic formulas update automatically when new data entries are added to the monitored column. Mastering advanced lookup and reference functions is essential for building robust automated reporting models. Option A returns the second largest value overall but fails to account for duplicate numbers. Option B sorts unique values in ascending order by default, returning the second smallest value. Option D extracts the second smallest unique value instead of finding the second highest value.

Category
Computer Science
Topic
—
Difficulty
medium

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