Calculate Average in Excel. The AVERAGE function is categorized under Statistical functions. It will return the average of the arguments. It is used to calculate the arithmetic mean of a given set of arguments. As a financial analyst, the function is usef

Excel has a few functions that calculate the central tendency in a range of data: AVERAGE, MEDIAN, and MODE. The most commonly derived measure of central tendency is the simple average (mean). It is calculated by adding a group of numbers and dividing the

Enter the formula you need to calculate the weighted average. Unlike figuring a single average, Excel doesn’t have a single function to figure a weighted average. Instead you’ll use two functions: SUMPRODUCT. The SUMPRODUCT function multiplies the num