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how to calculate weighted average with excel. And in the end you will get the weighted average by dividing values from both of the function. To calculate the weighted average using the SUM function you need to multiply each element with its assigned importance in percentage.
In January there were 150000 shares so this value. The steps below will walk through the process. First the AVERAGE function below calculates the normal average of three scores.
Calculating the Weighted Average by using Sum Function.
Use SUMPRODUCT to calculate weighted averages. In January there were 150000 shares so this value. This is because Excel doesnt provide a function in the Pivot Table that automatically calculates the weighted average. Enter the data you want to calculate a weighted average for.