Excel Analysis Formula for Large Values

Job ID: 38191976

Budget: $10 – $30 AUD

I'm looking for a skilled Excel expert who can help me with a specific analysis formula.

Requirements:
- I need a formula that can calculate the gap between the largest and the second largest values in a column. This calculation should be based on the absolute difference between these two values.
- The result of this calculation should be placed next to the horse with the highest points in the spreadsheet. The result needs to be displayed using conditional formatting (highlighted).
- The formula should be designed to automatically update whenever new data is entered into the spreadsheet.

Ideal Skills:
- Advanced Excel skills, particularly in formula creation and conditional formatting.
- Experience in creating formulas that automatically update based on new data.
- Attention to detail to ensure the formula works accurately and efficiently.

Please see Column Y of the attached spreadsheet where I have manually inserted the gap I require.
Related categories: Excel Microsoft Office