Weighted average in Numbers
In Numbers, how does one calculate a weighted average of two columns of date, e.g., outstanding balances and interest rates, to get a weighted interest rate?
In Numbers, how does one calculate a weighted average of two columns of date, e.g., outstanding balances and interest rates, to get a weighted interest rate?
If column A is balances, column B is rates,
=SUMPRODUCT(A,B)/SUM(A)
That's the gist of what you would do if B was test scores and A was the weight of each toward the final grade.
If column A is balances, column B is rates,
=SUMPRODUCT(A,B)/SUM(A)
That's the gist of what you would do if B was test scores and A was the weight of each toward the final grade.
To calculate a weighted average in Numbers, you can follow these steps:
[Link Edited by Moderator]
Thank you very much! It worked perfectly.
Weighted average in Numbers