Averaging with excel
 

Hello,

First-time posting and would like and appeciate some assistance.

I have multiple rows that represent the spending for different gyms. I
have three columns: one is total gym spending ($), the second is %
total gym spending on basketballs, and the third columns is $ of total
gym spending spent on basketballs (i.e. column 1: $100, column 2: 10%
column 3: $10)

I have over 100 gyms listed - how would i calculate the average spend
($) per gym on basketballs. I know I could divide the total spending
on basketballs by the number of companies but that would not provide me
with a weighted average.

Any help???

Thanks everyone,
SF


--
excelhelp234
------------------------------------------------------------------------
excelhelp234's Profile: http://www.excelforum.com/member.php...o&userid=26856
View this thread: http://www.excelforum.com/showthread...hreadid=400977

Hi

Just average column B
=AVERAGE(B1:B100)

--
Regards

Roger Govier


"excelhelp234"
wrote in message
news:excelhelp234.1uniig_1125529505.0337@excelforu m-nospam.com...

Hello,

First-time posting and would like and appeciate some assistance.

I have multiple rows that represent the spending for different gyms. I
have three columns: one is total gym spending ($), the second is %
total gym spending on basketballs, and the third columns is $ of total
gym spending spent on basketballs (i.e. column 1: $100, column 2: 10%
column 3: $10)

I have over 100 gyms listed - how would i calculate the average spend
($) per gym on basketballs. I know I could divide the total spending
on basketballs by the number of companies but that would not provide me
with a weighted average.

Any help???

Thanks everyone,
SF


--
excelhelp234
------------------------------------------------------------------------
excelhelp234's Profile:
http://www.excelforum.com/member.php...o&userid=26856
View this thread: http://www.excelforum.com/showthread...hreadid=400977