How to Calculate the Weighted Average in Excel (Using the Function SUMPRODUCT)
This video tutorial offers a quick and easy way how to calculate a weighted average in Excel. Weighted average is a calculation standardly used if the values for calculating an average have a varying degree of importance. For weighted average, the degree of importance for each value is taken into account. Just like in our example, where the score for each exam has a different weight.
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⏱️Timestamps⏱️
0:00 Intro
0:29 What is the Difference between Weighted and Regular Average
1:00 How to Calculate the Average in a Standard Way
1:28 How to Calculate the Weighted Average Using the SUMPRODUCT Function
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Transcription How to Calculate the Weighted Average in Excel (Using the Function SUMPRODUCT)
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Watch video How to Calculate the Weighted Average in Excel (Using the Function SUMPRODUCT) online without registration, duration hours minute second in high quality. This video was added by user Excel Tutorials by EasyClick Academy 15 February 2021, don't forget to share it with your friends and acquaintances, it has been viewed on our site 27,547 once and liked it 170 people.