AVGW Function

Returns a weighted average (the mean, where each value is weighted by its relative importance)
Sample Usage
AVGW(Cost1:Cost5, Quantity1:Quantity5)
  • range
  • range_weight
  • range
    The group of numbers to average
  • range_weight
    A corresponding group of numbers that represent the number of times you want each value counted
AVGW([10, 20, 30], [1, 2, 3])Calculates the weighted average of 10, 20, and 30 with weights 1, 2, and 3 respectively.23.33
AVGW([100, 200, 300], [3, 2, 1])Finds the weighted average of 100, 200, and 300, where the numbers are weighted inversely to their size.166.67
AVGW([4.5, 3.2, 7.8], [10, 5, 2])Calculates the weighted average of decimal numbers with corresponding weights.4.91
AVGW([50, 75, 25], [0.5, 0.3, 0.2])Computes the weighted average using fractional weights for the numbers.52.75

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