Average product measures your productivity with a particular number of workers. To calculate the average product, you need the total product. For example, the total product for a factory might be the ...
This post explains how to calculate Weighted Average in Excel with percentages. In a standard arithmetic average where the sum of values is divided by the number of values, each data value is treated ...
Calculating the average hourly wage for your employees might seem like a simple math task, but small-business owners may want to do this in one of several ways, depending on their needs. Creating ...
GPA doesn’t have a fixed scale and usually varies across universities. So, we will create a scale table in Excel to decide the parameters and then use it in an example. We will need three parameters ...
There are many situations in investing in which it makes sense to look at how two different numbers related to each other over time. Whether you're talking about two stocks in the same industry, the ...
Weighted average is a powerful tool for an investor. It can be used to evaluate the performance of a portfolio. It can help us better understand how the broader market moves. Even more important, it ...
Calculate average percentage difference by subtracting, then dividing price differences. Average percentage difference helps foresee market trends and irrational periods. Understanding this metric can ...