Where: - "number" is the value for which you want to determine the rank. - "ref" is the range of cells or array that contains the values to be ranked. - "[order]" is an optional argument that specifies the ranking order. It can be set to 0 (or omitted) for descending order, or 1 for ascending order.
Example: Suppose you have a list of numbers in cells A1 to A5, and you want to determine the rank of the number in cell B1. You can use the formula:
=RANK(B1, $A$1:$A$5, 0)
This formula will calculate the rank of the value in B1 compared to the values in the range A1 to A5, in descending order.