Note: In order to use the spreadsheet examples, you need to download Business Functions | ||||||||
WeightAv (Values, Weights) | ||||||||
Weighted Average | ||||||||
Performs a weighted average of a series of numbers according to a series of weights. | ||||||||
Whats good or unique about it | ||||||||
As stated herein, WeightAv is not dissimilar to SUMPRODUCT. Where you may prefer it, as with many BF"s, is that it states in plain English what it is doing - a weighted average. | ||||||||
ExampleWeightAv.xls |