Calculating an Average based on non-numerical data.

VannaRobson

New Member
Joined
Jan 21, 2005
Messages
7
Hey all,

I'm not sure how to go about doing this. Is there a way to calculate an average based on info that isn't numerical? For example, if I have a column of Denial Reasons and wanted to calculate an average of occurrences for that particular denial, how would one do that!?!?! i.e., "Benefit denied due to non-payment"...how would I calculate the number of times this statement appears!?!

Hope this makes sense....any help is appreciated,

Thanks,
-Vanna
 

Excel Facts

How to calculate loan payments in Excel?
Use the PMT function: =PMT(5%/12,60,-25000) is for a $25,000 loan, 5% annual interest, 60 month loan.

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