How to convert test scores to letter grades in Excel?
We can use Excel’s LOOKUP function to quickly convert exam or test scores to letter grades like A+ or F. In this article, let me explain the process and necessary formulas. I will also share a technique to calculate letter grades from test scores using percentiles.
How to calculate the Gender Pay Gap using Excel Formulas? (Free Calculator Template)
Gender Pay Gap is the difference in pay for groups of men & women and usually based on the average or median salaries. We can use Microsoft Excel to quickly calculate the GPG (Gender Pay Gap) from your data. In this article, let me explain the process, Excel formulas and offer you a ready to use GPG calculator.
Weighted Average in Excel [Formulas]
Learn how to calculate weighted averages in excel using formulas. In this article we will learn what a weighted average is and how to Excel’s SUMPRODUCT formula to calculate weighted average / weighted mean.
What is weighted average?
Wikipedia defines weighted average as, “The weighted mean is similar to an arithmetic mean …, where instead of each of the data points contributing equally to the final average, some data points contribute more than others.”
Calculating weighted averages in excel is not straight forward as there is no built-in formula. But we can use SUMPRODUCT formula to easily calculate them. Read on to find out how.
Loan Amortization Schedule in Excel – FREE Template
Do you want to calculate loan amortization schedule in Excel? We can use PMT & SEQUENCE functions to quickly and efficiently generate the full loan amortization table for any number of years.
How-to create Dependent Drop Downs in Excel [Dynamic & Multiple]
Do you want to create a dynamic dependent drop down list in Excel like below? You can use XLOOKUP and data validation to set this up quickly. It is fully dynamic and works across a full column too.
Beautiful Staff Roster Excel Template [FREE Download]
Do you want to manage your staff’s allocations, shift schedules and view the results in a 4 week grid fashion (like below)? Then you are going to love my FREE Staff Roster Excel Template. What can you do with this template? Template Compatibility This template is designed to work with modern Excel only. You need […]
How to calculate time between two dates in Years, Months & Days [Excel Formula]
Let’s say you have two dates in the cells D4 & D5 as above. You want to find out the duration in years, months & days between both. We can use the good-old DATEDIF formula for this.