Average

[Guest]

Can anyone tell me what formula to use to average something like this:

$50K - 20%
$40K - 20%
$30K - 60%

Where $50k has 20% of the weight, etc. Any help will be greatly appreciated.

 

[Guest]

=(50,000*.2+40,000*.2+30,000*.6)/3

Dave

 

[Guest]

With the dollar values in A1:A3 and the percentages in B1:B3 use

=sumproduct(A1:A3,B1:B3)

 

[S Davis]

This got a loud *hoot* out of me here in the office. Something about
the misposted reply + your signature Thanks for the laugh