SMALL function
This article describes the formula syntax and usage of the SMALLfunction in Microsoft Excel.
Description
Returns the kth smallest value in a data set. Use this function to return values with a particular relative standing in a data set.
Syntax
SMALL(array, k)
The SMALL function syntax has the following arguments:

Array Required. An array or range of numerical data for which you want to determine the kth smallest value.

K Required. The position (from the smallest) in the array or range of data to return.
Remarks

If array is empty, SMALL returns the #NUM! error value.

If k ≤ 0 or if k exceeds the number of data points, SMALL returns the #NUM! error value.

If n is the number of data points in array, SMALL(array,1) equals the smallest value, and SMALL(array,n) equals the largest value.
Example
The example may be easier to understand if you copy it to a blank worksheet.
How do I copy an example?

Select the example in this article.
Important Do not select the row or column headers.
Selecting an example from Help

Press CTRL+C.

In Excel, create a blank workbook or worksheet.

In the worksheet, select cell A1, and press CTRL+V.
Important For the example to work properly, you must paste it into cell A1 of the worksheet.

To switch between viewing the results and viewing the formulas that return the results, press CTRL+` (grave accent), or on the Formulas tab, in the Formula Auditing group, click the Show Formulas button.
After you copy the example to a blank worksheet, you can adapt it to suit your needs.

