If functions and formula HELP!

reo2res

if cell a is averaging from 3 to 3.99 then cell b is equal to "Satisfactory"

if cell a is averaging from 4.0 to 4.99 then cell b is equal to "Very Satisfactory"

if cell a has average of 5.0 then cell b is equal to "Outstanding"

3.00 to 3.99 = Satisfactory

4.0 to 4.99 = Very Satisfactory

5.0 = Outstanding

Thank you for helping in advance.

Paul Newcome

Try this...

=IF([Column Name]@row = 5, "Outstanding", IF([Column Name]@row >= 4, "Very Satisfactory", IF([Column Name]@row >= 3, "Satisfactory")))