excel formula weighted average of percentages

#Excel formula weighted average of percentages how to
#Excel formula weighted average of percentages series

You have assignment results in the range C3:C7, and corresponding weights in the range D3:D7. Suppose you have a list of assignments, their results, and corresponding weights in grading. A negative weight is not accepted by the formula, though zero is allowed. Note: At least one of the weights should be positive. If you specify a range, the range should be the same size as the range referenced in “values”.Īdditional_values : You can enter this value in the same way for “values”.Īdditional_weights : You can enter this value similarly for “weights”.

Same as the “values”, you can fill this argument manually, or by cell reference. The quantities in a weighted average, however, are each given a. In a single set of test scores, each score, or quantity, is equally valuable. These scores are the students weighted average.

#Excel formula weighted average of percentages series

Weights: These are the corresponding series of weights to be applied. The way to figure this out is to multiply each score by its weight (percentage) and add the products together, then divide by the sum of the weights. You can input a specific value manually, reference a cell containing a value, or refer to a range containing values. Values: These are the values from which you get the average value. The general syntax of the AVERAGE.WEIGHTED function is as follows: Press Enter to complete the formula and calculate the result.If you want to include additional values and weights in the calculation, repeat step 3 for each additional value and its weight, if any.Enter a cell or a range to be averaged and a corresponding cell or range considered weight.Type the following formula: “=AVERAGE.WEIGHTED”.Select the cell where you want to display the result of the calculation.To use the AVERAGE.WEIGHTED function in Google Sheets, follow these steps: ‍ How do you use the AVERAGE.WEIGHTED function in Google Sheets? For instance, you might have a list of customer ratings for a product, and you want to give more weight to ratings from customers who have made many purchases because you consider these ratings to be more representative of the overall satisfaction of your customer base. Another use case for this function is when you have a set of values that are not all equally important or relevant to your analysis. For example, you could use this function if you are collecting data from multiple sources and you want to give more weight to data from sources that you consider more reliable. The AVERAGE.WEIGHTED function in Google Sheets calculates the average of a data set, with the weighting of each value specified in a separate array of weights. The AVERAGE.WEIGHTED function can be helpful in situations where you want to give specific values more 'importance' or 'weight' in the average calculation. As I said, SUMPRODUCT is an effortless way to calculate the weighted average or weighted mean in Excel. Now, you have 1445 as a weighted average of price and product. ‍ How does the AVERAGE.WEIGHTED formula work in Google Sheets? In the C7 cell, enter following formula: SUMPRODUCT (B2:B6,C2:C6)/SUM (B2:B6).

#Excel formula weighted average of percentages how to

In this article, you will learn how to use the AVERAGE.WEIGHTED formula in Google Sheets.