What Is The Formula To Calculate Weighted Average In Excel Complete Guide

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what is the formula to calculate weighted average in excel. You can use SUMPRODUCT formula. In the example shown the formula in G5 copied down is.

Match Two Columns In Excel And Return A Third Dataset Excel Column Excel Formula
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The best way is to calculate the weighted average. And Value Rate of Return for the investments A B C as 15 10 and 20 respectively. Weighted Average in Excel.

20 1 40 2 90 3 370.

And I have found the best way is to use a formula by combining SUMPRODUCT and SUM functions. Weighted average v1 x w1 v2 x w2 v3 x w3w1w2w3. You can use SUMPRODUCT formula. 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.