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Correct Use of Average when using sumproduct?

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    Correct Use of Average when using sumproduct?

    In the attached file I designed a template which can only accommodate a list of 10 subdivisions (neighborhoods).

    With that being said every template will have a subdivision list which I will use to populate the slots 1-10, the problem is there are often more than 10 subdivision for any given area. When this is the case I have to use the 10th slot as an other category.

    For the other slot I decided to take a lump average for all subdivisions that fell into that category. I then use sumproduct for the various columns based on the variable e.g. lot size and the total amount (excavation + streets in + ... etc) in that subdivision. My question is this the correct use of the average?
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    Forum Moderator - RIP Richard Buttrey's Avatar
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    Re: Correct Use of Average when using sumproduct?

    Hi,

    Why are you trying to average the subdivision's subdivisions?

    The first four columns deal with the upper and lower range values. Hence IMO you should be using the =MIN() and =MAX() functions for the Lot sizes and Price range.

    HTH
    Richard Buttrey

    RIP - d. 06/10/2022

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    Re: Correct Use of Average when using sumproduct?

    Richard,

    Im only averaging the variables of lot size and price for the subdivisions that fall into the other category (Hill Crest & The Woods in this case.)

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