How To Calculate A Weighted Average Of Percentages In Excel Complete Guide

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how to calculate a weighted average of percentages in excel. Use your cursor to select the function and press the Tab Select the values you want to calculate the average C2C11 and press Enter. Add the results of step two together.

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In this example in order to calculate the weighted average overall grade you multiply each grade by the corresponding percentage converted to a decimal add up the 5 products together and divide that number by the sum of 5 weights. To find your weighted average simply multiply each number by its weight factor and then sum the resulting numbers up. You then multiply this decimal by 100 to get the average percentage.

The average percentage score for our example is 55.

Weighted average is a type of an average that takes into account the relative importance of each value under consideration and is calculated by multiplying the respective weights in percentage terms with its corresponding value Weighted Average Formula W1X1 W2X2 WnXn Here w respective weight in percentage x value. Suppose your teacher says The test counts twice as much as the quiz and the final exam counts three times as much as the quiz. And there you have it. Enter the range A1A10 in the Number 1 field of the Function Arguments dialog and click OK.