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Excel Excel FORMULA: count average of duplicates!!!

Hello folks, I?m struggling with a formula. Here is the situation: I have a list of entries with a date and I want to calculate for each date how many entries I have. Then, at final, know the average of entries that I have per day. At first looks simple but I am struggling so bad.. Example: Entry 1 - 12/10/2014 Entry 2 - 12/10/2014 Entry 3 - 13/10/2014 Entry 4 - 13/10/2014 Entry 5 - 14/10/2014 As a result, I want to see in a cell: 1,66666 that is the average of entries per same day. Thanks in advance! Sam

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