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how to calculate a weighted average excel. Select the cell where the weighted average should go for us thats cell D15 and then type the following formula into the function bar. In this example in order to calculate the weighted average overall grade you multiply each grade by the corresponding percentage converted to a decimal add up the 5 products together and divide that number by the sum of 5 weights.
How To Calculate Weighted Moving Averages In Excel Using Exponential Smoothing Exponential Excel Workbook from www.pinterest.com
First the AVERAGE function below calculates the normal average of three scores. First of all sumproduct will calculate the product of price and quantity for the all the products return the sum of all those. Draw a table with two columns with one column contains values the other contains their weights.
Follow these steps to calculate weighted average.
This is illustrated in the example below. Add the results of step two together. Suppose your teacher says The test. To find your weighted average simply multiply each number by its weight factor and then sum the resulting numbers up.
