Running average with calculated salary cap

gamma725

New Member
Joined
Mar 13, 2019
Messages
2
Hi there,
I have two columns of data.
The first column consists of salary and the second column consists of average points per game.
There are 147 rows of data.

I am trying to choose the top 6 BEST averages while keeping the salary of the 6 chosen to not exceed $50,000.
There may be times when the absolute best six averages are not chosen as the best six if the salary exceeds $50k.

Thanks!

sample data:
SalaryAvgPointsPerGame
1110098.44
930098.06
970096.06
900095.22
760094.94
1140094.75
1080093.75
750093.18
950092.62
800092.44
870088.56
1020088.25
730086.41
760085.61
790083.25
850083.08
1050082.38
840082.28
710082.06

<colgroup><col><col></colgroup><tbody>
</tbody>
 

Excel Facts

How to calculate loan payments in Excel?
Use the PMT function: =PMT(5%/12,60,-25000) is for a $25,000 loan, 5% annual interest, 60 month loan.
One option, in C2 is =IF(SUM(A2:A7)<=50000,"50k or under","") copied down.

It shows "50k or under" in C11 as well as C15:C20.

So A11 and the 5 below are the 6 chosen. (the best group under 50k)



Another way of looking at it is put =A2/B2 in C2 and =RANK(D2,$C$2:$C$20) in D2, then filter by the bottom 6 results. This gives 6,9,11,14,15 and 20 for 45100. The best performers per Salary.


You could spend more on better players and have worse ones there, or go for a better average, or a mix. There's no real correct answer without more detail
 
Upvote 0

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