Weighted Average calulation using Excel

Marcie Be

Board Regular
Joined
Jun 25, 2020
Messages
124
Office Version
  1. 365
  2. 2010
Platform
  1. Windows
I am using SUMPRODUCT/SUM for mutiple sets of data to get the combined weighted average.
I have done this by adding (SUMPRODUCT/SUM)+(SUMPRODUCT/SUM) mutiple times. It doesn't work unfortunately. How can this be done please? I need some help.
 

Excel Facts

Can you AutoAverage in Excel?
There is a drop-down next to the AutoSum symbol. Open the drop-down to choose AVERAGE, COUNT, MAX, or MIN
Here is one way:

Book1
ABCD
1ValueWeightWeighted Average
2903122.35
31254
41254
5903
61503
71503
8903
91254
101503
111254
Sheet1
Cell Formulas
RangeFormula
D2D2=SUMPRODUCT($A$2:$A$11,$B$2:$B$11)/SUM($B$2:$B$11)
B2:B11B2=COUNTIF($A$2:$A$11,A2)
 
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