Weighted average practice

An ordinary average of prices gives a tiny order as much influence as a large one. Weight each price by its quantity.

Lesson 56 of 72 · 3 exercises

Practise Weighted average

What you will practise

Add each value times its weight, then divide by the total weight. The denominator must use the same weights as the numerator.

SUMPRODUCT(values, weights) / SUM(weights)

The syntax above is a guide. Read the data and each task to choose the right arguments for your formula.

3 exercises in this lesson

  1. Exercise 1 · answer in E10

    Calculate average unit selling price weighted by ordered quantities B2:B4.

  2. Exercise 2 · answer in E10

    Calculate average unit cost weighted by ordered quantities B2:B4.

  3. Exercise 3 · answer in E10

    Calculate weighted unit profit for the whole order.

Before you check your answer

  • Keep the source data intact. Write your answer in the highlighted result cell. Changing a source value changes the question instead of solving it.
  • Use the requested cells. Check the first and last row of a range and read its column heading. A plausible total can still come from the wrong data.
  • Reference values that can change. A fixed number may match today's sheet. A cell reference keeps the formula connected when the source values change.

How the answer is checked

The workbook evaluates your formula against the requested result. It also checks the skill being practised and tests the formula with changed source data, so a fixed answer that happens to match is not enough.

Use progressive hints when you need help, then try the task again with fresh data. Correctly solving a step opens the next exercise.