Averaging isn’t always a simple total divided by the number of items totaled. Fortunately, Microsoft Excel offers several averaging functions, and one of them will probably get the job done. In this ...
However, this might not always give you an accurate average, which is where functions like GEOMEAN and HARMEAN come in. The ...
There are two ways to calculate a conditional average in Excel, both involve some logic and some special functions. Excel’s SUMIF() and COUNTIF() are two of my favorite summarizing functions and we’ve ...
SUMIF, SUMIFS, AVERAGEIFS, and COUNTIFS are commonly used accounting functions in Microsoft Excel. These formulas are used to calculate cell values based on the criteria you have described or ...
This post explains how to calculate Weighted Average in Excel with percentages. In a standard arithmetic average where the sum of values is divided by the number of values, each data value is treated ...
Formulas and functions, the nuts and bolts of Excel, both enable you to perform calculations, but they differ in how they're created, what they do, and how they work. In this article, we'll strip the ...
A trimmed mean is much like a standard mean, which you can derive in Excel using the AVERAGE function. However, instead of using all of the data points to create the mean, a trimmed mean will leave ...
Calculate the weighted average of interest rates in Microsoft Excel to compute the most accurate average interest rate among a group of lenders who received different rates. When you take a weighted ...