![]() In this tutorial, we used a simple example to demonstrate how you can calculate weighted average in an Excel pivot table. The final screen will appear as the one shown below − Conclusion However, you can easily create your own Excel weighted average. Once you return to the pivot table at this point, you will see that the subtotal rows now contain the weighted average price of each flavor. There is no built-in function that will automatically calculate a weighted average in Excel. Please check out the screenshot below for the same. Then, the Insert Calculated Field dialog box appeared, type Weighted Average in the Name box, and in the Formula box type =Average/Weight (please change the formula based on the names of your fields), and then click the OK button to close the dialog box. Step 8Īfter that, in pivot table tools select Analyze option and click Fields, items, & sets then choose calculated Field. Please refer to the below screenshot for the same. To access the PivotTable Tools, choose any cell in the pivot table, and then click Pivot Analyze (or Options) then select Refresh option. Please check out the below screenshot for the same. If the percentage weights you used do not total 100, use the SUM function to divide the SUMPRODUCT by the total of the weights to determine the weighted average. Next, add an Average helper column to the source data.Ĭreate a new, empty column in the source data, name it Average, enter the below formula in the first cell of this helper column, and then drag the AutoFill handle to fill the entire column. Then, in cell B27, enter 'SUMPRODUCT (B2:B25,C2,C25). In order to demonstrate how to calculate the weighted average price of each flavor in the pivot table, I will use the pivot table as an example. In the Pivot table fields check flavor, cost and weight. The pivot table is now created in separate worksheet as shown in the below screenshot for same. Now, choose new worksheet to create the pivot table in separate sheet then click on OK button. In the next step, create pivot table window appears, make sure the data range is selected as A1:D10 under select table/range option. To calculate the average percentage, we can type the following formula into cell B11: AVERAGE (B2:B9) Once we press Enter, the average percentage will be shown: We can see that the average percentage is 81.94. Refer to the below screenshot for the same. Click on the Insert tab on the toolbar ribbon and then select Pivot table option to insert pivot table for the selected data range. In the first step, we must have a sample data for creating pivot table as shown in the below screenshot for the same. Let’s understand step by step with an example. Calculating Weighted Average in an Excel Pivot Table As a result, how exactly would one go about calculating the weighted average in a pivot table? This article will present a solution to the problem. ![]() ![]() However, it appears that the functions in a pivot table are not supported by the calculated fields. Using a combination of Excel's SUMPRODUCT and SUM functions, the weighted average may be quickly and easily calculated. ![]()
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