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how to compute weighted score in excel. We can calculate a weighted average by multiplying the values to average by corresponding weights then dividing the sum of results by the sum of weights. For example if you received a 95 and an 80 then type 95 in A2 and 80 in A3.
How To Calculate Weighted Averages In Excel Weighted Average Excel This Or That Questions from www.pinterest.com
So in this case Economics marks have contributed more to the final result than any other element. Multiply the weight by each value. The Weighted Average in Excel average v1 v2 v3total number of v.
55 x 1 65 x 1 75 x 1 85 x 3 95 x 1 11131 This comes out to be 7785 which is higher than the un-weighted average ie.
The weighted average is calculated as the sum of all of the values multiplied by their weights divided by the sum of all of the weights. To calculate weighted average a predetermined weight is assigned to each number. Determine the weight of each data point. In the data given below we see the average amount of shopping done by the number of households that are categorised or clustered in buckets based on certain characteristics.
