Step 2: Select the cell with this formula, and then click the Increase Decimal button or Decrease Decimal button on the Home tab to change the decimal places of weighted average price of apple.Related articles: Average range with rounding in Excel Average rate of change in Excel Calculate aver...
We have a dataset containing different grocery items and their sale details. We will calculate the weighted average price for each item in aPivot Table. Step 1 – Adding a Helper Column Add a columnSales Amountin the above table. Use the following formula in the first cell of this new col...
If you apply the normal Weighted Average function =SUMPRODUCT(A2:A5,B2:B5)/SUM(B2:B5), it will get the result 79.333 which is somewhat unfair for the student. In this article, I introduce a formula to calculate the weighted average ignoring blank records in Excel....
In excel, we can calculate the weighted average of the database using 3 different excel functions. Manually multiply and sum. Using the SUM formula and manually multiplying the weights. Using SUMPRODUCT and SUM function together to get the weighted average ...