How to Calculate a Running Average in Excel: Step-by-Step Guide

Learn how to easily calculate a running average in Excel with a simple formula and tips for efficient data management.

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To calculate a running average in Excel, use the formula =AVERAGE($B$2:B2) in cell C2 if your data starts in cell B2. Then drag the formula down the column. This covers each new entry while keeping the calculation up to that row, providing a continuously updated average.

FAQs & Answers

  1. What is a running average in Excel? A running average in Excel is a continuously updated average calculated for a set of data points, often used for trend analysis.
  2. How do I create a running average chart in Excel? To create a running average chart, calculate the running average first, then select your data range and use the 'Insert Chart' feature to visualize it.
  3. Can I calculate a weighted running average in Excel? Yes, you can calculate a weighted running average in Excel by using the SUMPRODUCT function in conjunction with your standard average calculation.