My objective is to create a weighted average of price where the weights depend on the value of size per category, using the PowerView functionality in Excel 2013. For instance the following table:
Table
Category Price Size
1 10 5
1 20 15
2 30 3
2 50 8
3 5 10
3 33 10
So, for category 1: (10*5+20*15)/20=17.5 and present this in a table:
Category weighted avg price
1 17.5
2 ....
Instead of the unweighted averages which the standard functionality of PowerView produces. Is this possible?
This might not be any new information for you, but you could create two new columns. Column D that is just B x C. And then a column E that is
and that will give you the weighted average for each category.