To calculate the weighted average of this data set in Excel, follow these steps: Place your cursor in cell B9 (where the weighted average needs to be shown).

Learn how to calculate simple, weighted and exponential moving averages in Microsoft Excel using Data Analysis Tool Pack or Formula.

If your business makes investments in equipment and employee benefit contributions, you may need to track the average annual rate of return over a span of time for financial reporting obligations.

How to use Excel’s RANK.AVG () function Figure D Figure D Word’s RANK.AVG () better accommodates duplicates. Figure E Figure E The average rank increase with every duplicate.