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Weighted Average in Excel Spreadsheets

Rodney POWELL
Microsoft MVP - Excel
One of the most common inquiries submitted to me is about how to calculate weighted averages.

Weighted Average differs from a regular average because calculation of the average is affected by volume. Some common applications are:
  • Calculating product costs or revenue from assorted groups of products

  • Determining the yield across a portfolio of mixed investments

  • Infinite applications for scientific data

For about the price of a pizza you can instantly download an easy-to-understand guide I've written for the benefit of ordinary people who work with Excel at our jobs or school. Within 15 minutes you will understand weighted averages and how to use it !

This simple explanation of weighted average [ only 10 pages ] includes illustrations, formulas, and the actual spreadsheets used in the examples.


Weighted Average in Excel Spreadsheets


What the Weighted Average Guide covers ...

  • Understanding the concept of weighted averages

    • ... and 3 approaches available in Excel to choose from

  • How weighted averages work

    • We'll look at a real-world demonstration of weighted average product cost

    • Explanation of the SUMPRODUCT function

  • How to use weighted averages

    • Super-quick approach for calculating weighted average interest rate

  • Step-by-step through an ARRAY FORMULA and the MATCH function

    • We'll create a GPA calculator applying a weighted average

  • Weighted average with simple math

    • We'll make a fun calculator for baseball slugging average


Bonus Feature ...

  • How to work backward from a weighted average with SOLVER

    • Step-by-step we'll put together an amazingly powerful Excel SOLVER model with limitless uses !


After learning the information in this guide, you'll know more about weighted averages than ever before.

You will gain a valuable understanding of weighted average and be impressed with how you can apply weighted averages for your own projects.


Weighted Average in Excel Spreadsheets   $ 15.00 USD
Click this link to download a copy licensed for personal use ...

Weighted Average in Excel Spreadsheets

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Follow the links provided on this page to download in minutes a ZIP file containing the Weighted Average in Excel Spreadsheets guide [PDF]. It's EASY !

Your download will also have an Excel workbook with ALL the formulas and the actual spreadsheets used in the examples.

This XLS file is compatible with Excel 97-2003 and Excel 2007. The worksheets are completely unprotected so you can adapt my examples for your own purposes.


Here's what people are saying ...

Weighted Average in Excel Spreadsheets  Thanks for putting this on your site! I work as an auditor for a public accounting firm and after being out of college for a few years, I had forgotten exactly how to calculate the weighted average for a set of numbers, but your example brought it all back to me. It's too bad excel doesn't automatically have this available as a function ...

Thanks
- Peter C.
Audit & Enterprise Risk Services
[Deloitte & Touche, LLP] Atlanta, GA
Weighted Average in Excel Spreadsheets  Thanks for the weighted average explanation and examples ... it was TONS of help!
- Paul P.
[General Motors Corporation]
Weighted Average in Excel Spreadsheets  I don't know if you are aware of how often the term 'weighted average' is used, but nobody seems to know what it means, they can't explain it, and if you look in stats books, you will not find it. I know. I have 8 of them in my office and none of them refer to this. ! Several searches on the internet did not really answer the question.

Your site did. Very cool.

Thanks so much.
- Thomas J.
Quality Manager
[U.S. Veterans Administration] Spokane, WA
Weighted Average in Excel Spreadsheets  Thanks; Weighted Averages

Can’t say more than that. Most sites just give you the answer; you explained its logic which will make it easier for me to figure out in the future and to explain to peers
- Richard M. Project Manager
Weighted Average in Excel Spreadsheets  My sincere thanks for your post [weighted averages article]

It saved me HOURS today which is especially important ... it will really smooth the waters

May you be blessed with love and money.
- Donna A.
[Northern Illinois University] Dekalb, IL
Weighted Average in Excel Spreadsheets  I greatly enjoyed your website & am very thankful for it. I had a large project & could not easily remember how to get the weighted average. I found your example & explanation of weighted average easy to understand & to teach others. I will definitely visit your site again for various Excel questions.

Thanks Again
- Dee M
[Abiliti Consolidated] White Plains, NY
Weighted Average in Excel Spreadsheets  Hi,

I found your explanations about weighted average in the Internet. It's nice and simple ...
- Michal K.

[West Virginia University - Health Sciences Center]
Morgantown, WV
Weighted Average in Excel Spreadsheets  I am excited to discover your explanation of weighted averages ...
- Mary Ellen D. Houston, TX
Weighted Average in Excel Spreadsheets  I needed a refresher on weighted averages and found this site while doing a search on the internet. Very cool website.
- Glen P.
[National Fuel Gas Company] Buffalo, NY
Weighted Average in Excel Spreadsheets  Hoping to find exactly what your site provided, I did a quick search in yahoo for weighted average. Saved me time! Instructions were extremely easy to follow. Thanks so much!
- Jill H.
Weighted Average in Excel Spreadsheets  Okay. It's official! You have saved me DAYS of work and are truly my favorite person! Thank you, thank you, thank you!

...

You are definitely a genius. I have asked several friends who are very good at Excel and they said that it could not be done. Yet, it was almost too easy for you. Thank you.
- Kim G.
[Junior League of Houston]
Weighted Average in Excel Spreadsheets  My boss came to me this morning and asked for a row of weighted averages. I had never done this before, so how happy I was to find your site immediately and within 10 minutes I had the whole spreadsheet ready for print-out. Thank you for being there and for being so clear and easy to understand.
- Mary M.
Weighted Average in Excel Spreadsheets  I stumbled on to your web site by accident. I needed to know how to calculate a weighted average. Your example was easy to use and was very helpful. Thank you for providing such helpful information. Keep up the good work.
- Mark P.

Weighted Average in Excel Spreadsheets   $ 15.00 USD
Click this link to download a copy licensed for personal use ...

Weighted Average in Excel Spreadsheets

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