In accounting, the weighted average is often used for inventory calculations. Instead of the normal average, weighted averages sometimes provide a better picture of the data for various statistical ...
Dividing the sum by the count is one of the most used calculations in the area of mathematics. Suppose you have the sum of the money spent on buying something, and the number of items you purchased. ...
Formulas using if statements help us use conditions to format our data. Imagine you have a salary sheet where you determine the bonus depending on whether the employee has worked more than a certain ...
In a pivot table, calculated fields are beneficial for performing various calculations without touching the source data range. However, the fields cannot be directly renamed without deleting and ...
Pivot tables in Microsoft Excel allow easier calculation with formulas using calculated fields. After adding a calculated field, it might be required to edit it for corrections or other editorial ...
Pivot tables allow you to format a table in various ways that regular tables cannot. Which is why, while pivot tables are mostly used for calculations, sometimes it might be required to display the ...