Thread: Average price.
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Alojz Alojz is offline
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Default Average price.

may be something shorter exists, but this one works, too (I guess u need
weighted average with weights in col B):
=ROUND(FLOOR(SUM(B1:B10*FLOOR(C1:C10,10)/10+(C1:C10-FLOOR(C1:C10,10))/8)/SUM(B1:B10),10)*10+(SUM(B1:B10*FLOOR(C1:C10,10)/10+(C1:C10-FLOOR(C1:C10,10))/8)/SUM(B1:B10)-FLOOR(SUM(B1:B10*FLOOR(C1:C10,10)/10+(C1:C10-FLOOR(C1:C10,10))/8)/SUM(B1:B10),10))*8,0)
press ctrl+shift+enter (array formula)

"chrisnsmith" wrote:

I forgot to post a view of my worksheet. Maybe this will give you a better
idea of what I need.

A B C
________________
1 B 1 5306
2 B 1 5306
3 B 1 5306
4 B 1 5306
5 B 1 5306
6 B 1 5306
7 B 1 5306
8 B 1 5306
9 B 2 5312
10 B 1 5312

The last digit in column C represents eighths of a cent.
"Sheeloo" wrote:

Try in B1
=AVERAGE(ROUNDDOWN(A1:A10,0))
After typing or pasting the above press CTRL-SHIFT-ENTER instead of ENTER.
This will give you the average of integer part.

Assuming the above is in B1, then put this in C1
=AVERAGE(A1:A10) - B1
to get the average of fraction part.

Change 10 to the last row in your data...

"chrisnsmith" wrote:

Column three is a list of commodity prices that are quoted in eighths. The
far right number represents the 1/8 cent quote. Line one would be 560 and
6/8, line nine would be 531 and 2/8 and so on.
What I need to do is average the whole numbers in column C and average the
1/8 separately.

Can someone help?