Weighted average
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Weighted average
To calculated a weighted average, you can use a formula based on the SUMPRODUCT function and the SUM function. In the example shown, the formula in G5, copied down, is: =SUMPRODUCT(weights,C5:E5)/SUM(weights) where weights is the named range I5:K5. As the formula is copied down, it returns the weighted average seen in column G.
Oct 26, 2022
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