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Default Averaging specific data in columns

I have a spreadsheet with many columns of data. Two of the columns are
important for this question. For simplicity, say that column 1 lists red
cars and blue cars and column 2 lists the sale price of them. I want to
perform AVG,MIN,MAX and MEDIAN of the sale price of just the red cars. I
tried Daverage but couldn't get it to work. Can someone help me with
this situation? Any help will be appreciated.

DLS

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