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.
Continue »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.
Continue »Excel 365’s FILTER() function is great for getting a cut of data that meets your criteria. But what if you need to filter and then show non-adjacent columns? Something like below. In this article, let me show you a few options to get discrete columns after filtering with the FILTER function.
Continue »Think of XLOOKUP as an improved version of VLOOKUP. In this article, learn all about the XLOOKUP function, it’s syntax, parameters with real-world xlookup examples.
Continue »Use the getBoldText() function in Excel to extract bolded portion of a cell automatically. Saves you time and helps with data cleaning.
Continue »So you have a SPILL error in your Excel tables? In this quick article, let me show you 3 easy fixes to the problem. Fix 0: See if Excel can auto-fix the formula This is not really a fix. But if you write certain types of formulas in table, Excel will warn you about the […]
Continue »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.
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