What is the formula for weighted average (mean) in Excel?

=sumproduct([values],[weights])/sum([weights])

A weighted average (mean) is similar to the arithmetic average (mean), except values to be average are given different weight or emphasis. As seen in the example below, the weighted average is much lower than the arithmetic average, because there the value 0 carries a very strong weight (50). The formula bar also shows how cells should be referenced.

 

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