Best Math Formula website. Search anything about Math Formula in this website.
what is the formula to calculate weighted average in excel. A weighted average on the other hand considers one or more numbers in the range to be worth more or have a greater weight than the other numbers. To calculated a weighted average you can use the SUMPRODUCT function together with the SUM function.
Excel Magic Trick 476 Sumproduct Function For Weighted Average Cost Fro Weighted Average Excel Microsoft Excel from www.pinterest.com
Calculating Weighted Average in Excel The concept of an average comes from mathematics average can be defined as the result obtained by adding several quantities together and then dividing this total by the number of quantities. Weighted Average 16. Weighted average v1 x w1 v2 x w2 v3 x w3w1w2w3.
Calculating a weighted average is possible in Excel using the SUMPRODUCT formula.
However there is an easy fix to that. Weighted Avg 10 5 20 10 30 15 40 20 0005 002 0045 008 15. To calculated a weighted average you can use the SUMPRODUCT function together with the SUM function. So today in this post Id like to share with you how to calculate a weighted average in Excel using SUMPRODUCT and SUM.
