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erimaz
Frequent Visitor

DAX formula for weighted average

Hello,

 

I am looking for the correct forumla to calculate weighted value over hundreds of records.

 

Given just a few records, the weighted Gross profit % average for the following items would be: ((100*0.1)+(20*0.3)+(40*0.2))/(100+20+40)

Item ValueGross Profit %
10010
2030
4020

 

Given hundreds of values, is there a DAX formula that allows to multiply only values on the same row, and therefore achieve the weighted average I am looking for?

 

Many thanks in advance for youir support!!!

1 ACCEPTED SOLUTION
amitchandak
Super User IV
Super User IV

@erimaz , if they are columns

 

divide(sumx(Table,Table[Item Value]* Table[Gross Profit %]), sum(Table[Item Value]))



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1 REPLY 1
amitchandak
Super User IV
Super User IV

@erimaz , if they are columns

 

divide(sumx(Table,Table[Item Value]* Table[Gross Profit %]), sum(Table[Item Value]))



Did I answer your question? Mark my post as a solution! Appreciate your Kudos!!
Dashboard of My Blogs !! YouTube Channel !! Connect on Linkedin

Proud to be a Super User!

View solution in original post

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