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Weighted average calculator.
A weighted average (also known as the weighted mean) is a calculation that provides an average where values have different levels of importance.
Weighted average excel template
In certain scenarios, Excel’s AVERAGE function is not the right chose. It can provide misleading results as it assumes each value has the same impact on the result. Thankfully, we can easily calculate weighted average in Excel.
In this post, we look at the basics of weighted average calculations and look at examples in Excel.
Download the example file: Click the button below to join the Insiders program and gain access to the example file used for this post.
File name: 0206 Weighted Average in Excel.xlsx
When to use a weighted average?
It’s not always easy to know when to calculate an average vs.
a weighted average. Here are some examples to help you see where a weighted average is the correct calculation.
- Course results
In education, all assessments and exams do not have the same impact on the final grade.For example, at university, my final paper counted as 40% of my overall result, with other exams all
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