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Weighted Median & the Averages Dashboard: Cumulative Weights, Mean vs Median & a Chart

Lesson 8 of 818 minLab

This lesson is part of the course

In this lesson

You add cumulative units to a price-point table, find the weighted median price, compute the weighted mean price per unit sold and chart the four averages side by side.

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Lessons in this course

  1. Weighted Averages: SUMPRODUCT ÷ SUM, Weighted Unit Costs, Weighted Scores & the 100 % CheckLab15 min Locked
  2. Averaging Percentages & Ratios: Pooled Rates vs the AVERAGE of RatesLab15 min Locked
  3. The Average-of-Averages Trap: Group Sizes, the True Overall Mean & Group Means from Raw RowsLab16 min Locked
  4. Rates & the Harmonic Mean: Average Speed, Weighted Rates & Equal-Spend BuyingLab16 min Locked
  5. Growth & the Geometric Mean: Growth Rates, Average Annual Growth & Why AVERAGE Overstates ItLab16 min Locked
  6. Time-Weighted Averages: Days at Each Balance, the Average Balance & Interest on ItLab16 min Locked
  7. Moving & Weighted Moving Averages: 3- and 5-Week Windows, Linear Weights & the LagLab16 min Locked
  8. Weighted Median & the Averages Dashboard: Cumulative Weights, Mean vs Median & a ChartLab18 min Locked