Hi, I'm looking for a formula/approach to perform a weighted average across multiple criteria with the data in the same column.
This has been bugging me for some time and I know I can count on the EF contributors for direction.
My data consists of two columns: ColA is the criteria, ColB contains the values.
ColA ColB AG 1 AG-TERM 2 AG-VALUE 3 ZP 11 ZP-TERM 12 ZP-VALUE 13 ZP 21 ZP-TERM 22 ZP-VALUE 23
GOAL: use a dynamic formula that will calc an accurate wght. avg based on the multiple criteria selections from ColA.
Example 1: Calc the Wght. Avg. of "ZP-TERM" (returning value should = 18.5625). Formula: (11*12+21*22)/SUM(11,21)
Example 2: Calc the Wght. Avg. of "ZP-VALUE" (returning value should = 19.5625). Formula: (11*13+21*23)/SUM(11,21)
Please see attached for sample data (there are two different data layouts). Weighted Average Sumproduct Multiple Criteria.xlsb
My actual data set cannot be consolidated further (in which would eliminate the repeating criteria labels)...I tried that approach first, just not an option given the data source.
TIA! Very much appreciated!
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