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RANK() The RANK function instead of assigning a sequential number to each row as in the case of the ROW_NUMBER function, it assigns rank to each record starting with 1. If it encounters two or more records to have the same ORDER BY values, it is said to be a tie and all these records get the same rank.
RANK.EQ & RANK.AVG Functions. The Rank.Eq and Rank.Avg functions are both new to Excel 2010. The difference between these two functions occurs when there are duplicates in the list of values. The Rank.Eq function returns the lower rank, whereas the Rank.Avg function returns the average rank.elated Function: Statistical Rank. If you have a list of numbers, the statistical rank tells you the. of a value in that list. The rank is therefore calculated by placing the numbers in order and then assigning an order to each value in the list.