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The function that is used to calculate the average of a group of numbers in Excel is the AVERAGE function. This function takes a range of cells as its argument and computes the arithmetic mean of the values within that range. For example, if you wanted to find the average of the values in cells A1 through A10, you would use the formula =AVERAGE(A1:A10).
The AVERAGE function is specifically designed to provide the mean, making it straightforward to use when analyzing numerical data. In contrast, other options available serve different purposes—SUM adds up the values, MIN returns the smallest value in a set, and COUNT tallies the number of entries in a range without calculating their average. Therefore, for determining the average, the AVERAGE function is the precise and correct choice.