Oh yes indeed. For example, here's something I was just working on:
=LET(
h, ROWS(A2#),
names, A2#,
vals, K2:INDEX(K:K, h+1),
denoms, J2:INDEX(J:J, h+1),
k, 20,
groupAvg, SUMPRODUCT(vals, denoms) / SUM(denoms),
adj, (denoms/(denoms + k))*vals + (k/(denoms + inc, (names <> "") \* ISNUMBER(vals),
namesF, FILTER(names, inc),
valsF, FILTER(vals, inc),
denomsF, FILTER(denoms, inc),
adjF, FILTER(adj, inc),
r, ROWS(namesF),
nShow, MIN(10, r),
sorted, SORTBY(HSTACK(namesF, valsF, denomsF), adjF, -1),
TAKE(sorted, nShow)
fyi: if you indent a couple of spaces, you get a <code> block.