Weighted average of %

drluke

Active Member
Joined
Apr 17, 2014
Messages
314
Office Version
  1. 365
Platform
  1. Windows
I need to do a allocation of time spent with customers using weighted averages

I have 10 customers with a % of total of all time spent for each (I don't know the total of all time).

I spend 50% of my time with Customer A004. I need to allocate the remaining 50% of my time to the remaining customers using a weighted average of the % of total time spent, as shown in the table below. Is there a formula I can use to perform this calculation.
CUSTOMER% Time
A00127%
A00215%
A0033%
A0048%
A0051%
A0064%
A0072%
A00818%
A00912%
A01010%
TOTAL TIME100

<tbody>
</tbody>
 

Excel Facts

Copy formula down without changing references
If you have =SUM(F2:F49) in F50; type Alt+' in F51 to copy =SUM(F2:F49) to F51, leaving the formula in edit mode. Change SUM to COUNT.
If A001 is cell A2, then C2 should be:
=B2*(1-0.5)/(1-SUMIF(A$2:A$11,"A004",B$2:B$11))

Copy that formula down through C11 and delete it fir cell C5 and you will have your percentages to allocate.
 
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