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We show you how to calculate a weighted average in Excel using SUMPRODUCT and SUM functions, providing step-by-step instructions, practical examples, and common use cases.
For example, instead of manually calculating an average with a formula like =(A1+A2+A3)/3, you can use the AVERAGE function (=AVERAGE(A1:A3)) function to accomplish the task more efficiently.
In Excel, there are two ways of calculating the weighted average with percentages: using the SUM function and using the SUMPRODUCT function. Let us have a look at these 2 methods in detail.
Functions perform a mathematical calculation on a range of cells in Excel. The most common Functions are SUM, AVERAGE, COUNT, MIN, and MAX.. If an individual wants to find the average, minimum, or ...
Formulas are powerful tools for performing calculations and analyzing data in Excel. In this beginner’s guide, you’ll learn how to use formulas and explore some popular built-in functions.
Conditional formatting can help you get the information you need from data. For example, suppose you would like to know how many students in your class received an above-average score on a recent ...