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The FREQUENCY formula in excel is used to count the number of times an item appears in an array. It is useful to count the number of times a numerical value appears in a range. An alternative to this is to use a COUNTIFS function.
=FREQUENCY(data_array, bins_array)
data_array: This is an array of data where we want count frequencies. Note that blanks and text are ignored.
bin_array: This is an array of data where we want to group the values in data_array.