How to Do a Weighted Average in Excel

How to Do a Weighted Average in Excel

Video • 4 minutes

Learning Objectives

  1. Proficiently calculate weighted averages in Excel by mastering manual formula methods and the efficient application of the SUMPRODUCT function.

    Lesson Description

    This lesson examines calculation methods. If terms like AVERAGE function and SUMPRODUCT have left you confused, fear not – our step-by-step guide is here to simplify things for you.

    We start by demonstrating how to find a regular average using the AVERAGE function. However, the real game-changer comes when you explore the nuances of weighted averages, where certain disciplines hold more weight than others. We break down the process of assigning percentage-based weight values.

    Whether you're a beginner or an experienced Excel user, this lesson will ensure you confidently grasp the details of weighted averages.