If functions and formula HELP!

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.

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Try this...

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

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ref must be one of: categoryID, siteSectionID, category, category/categoryID, category/name, category/description, category/url, category/allowedDiscussionTypes, locale, siteSection, siteSection/basePath, siteSection/contentLocale, siteSection/sectionGroup, siteSection/sectionID, siteSection/name, siteSection/description, siteSection/apps, siteSection/attributes, layoutViewType, discussionID, commentID, page, latest, sort, sortType, lookupSort, discussion, discussion/name, tags, breadcrumbs, discussionApiParams, serverDraftID, serverDraft.