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Calculate weighted average for 1 column
Hi
I 'm looking for ways to calculated weighted average for 1 column, random values as follows. I do not have frequences/quantities values. 1.3 1.4 1.6 1.7 1.7 1.8 1.6 1.6 1.7 1.6 |
Calculate weighted average for 1 column
What do you want to weight them by? Without a second variable, the only
thing you can do is calculate the average, as in: =average(A:A) Regards, Fred "Jul2010" wrote in message ... Hi I 'm looking for ways to calculated weighted average for 1 column, random values as follows. I do not have frequences/quantities values. 1.3 1.4 1.6 1.7 1.7 1.8 1.6 1.6 1.7 1.6 |
Calculate weighted average for 1 column
See the answers which were given to the very similar question asked by
"Julia" on this group an hour or so ago. If you don't have weightings, you can calculate only an average, not a weighted average. -- David Biddulph "Jul2010" wrote in message ... Hi I 'm looking for ways to calculated weighted average for 1 column, random values as follows. I do not have frequences/quantities values. 1.3 1.4 1.6 1.7 1.7 1.8 1.6 1.6 1.7 1.6 |
Calculate weighted average for 1 column
To expand on my answer, if you don't understand the concept of a weighted
average: You have ten values listed in your example, and the average is 1.6 If instead of the ten values you had persented your data in the form 1.3 1 1.4 1 1.6 4 1.7 3 1.8 1 listing the values in one column and the number of occurrences in the second column, then you could calculate the weighted average with the formula =SUMPRODUCT(A1:A5,B1:B5)/SUM(B1:B5) and again get the answer 1.6. If you had just averaged the five values on column A (with =AVERAGE(A1:A5)) you would have got the answer 1.56, but by including the weighting factors in column B it gives you the weighted average of 1.6. -- David Biddulph "David Biddulph" <groups [at] biddulph.org.uk wrote in message ... See the answers which were given to the very similar question asked by "Julia" on this group an hour or so ago. If you don't have weightings, you can calculate only an average, not a weighted average. -- David Biddulph "Jul2010" wrote in message ... Hi I 'm looking for ways to calculated weighted average for 1 column, random values as follows. I do not have frequences/quantities values. 1.3 1.4 1.6 1.7 1.7 1.8 1.6 1.6 1.7 1.6 |
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