This can allow you to identify trends and patterns more easily.įor instance, say you have the number of views your website got in the last five days, you can easily determine the average views in a five-day period. How to Find Weighted Moving Averages in ExcelĪ weighted moving average is a technique used to keep the time period of the average the same as you add new data or give more weight to certain time periods. Type =SUMPRODUCT to start the formula and enter the values. Enter your data into a spreadsheet then add a column containing the weight for each data point. Using SUMPRODUCT to Calculate Weighted Average in Excel 1. Still confused? Let's go over the steps in the next section. Then, you divide the SUMPRODUCT but the sum of the weights for your weighted average. This formula works by multiplying each value by its weight and combining the values. To calculate the weighted average in Excel, you must use the SUMPRODUCT and SUM functions using the following formula: How to Calculate Weighted Average in Excel This weighted average is then used to calculate the final average. The weighted average takes into account the different values of each data point and gives them a weight, or importance, based on those values. The weighted average formula is a tool used to calculate averages that are weighted by different values.
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