Excel Magic Trick 1175: Decaying Average in Standards-Based Grading in Excel

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See:
1. (00:10) How Decaying Average in Standards-Based Grading works
2. (02:00) Calculating in Excel Method 1: Two formulas that use IF function and Absolute Cell References
3. (04:02) Explaining logic of how IF function works. See LEN Function to check and see what IF function actually puts into the cell.
4. (05:30) Calculating in Excel Method 2: One formula that use two IF functions and Absolute Cell References, and the column Header is empty
5. (07:17) Calculating in Excel Method 3: One formula that use two IF functions, ISTEXT function and Absolute Cell References, and the column Header contains text
6. (08:05) Calculating in Excel Method 4: One formula that use two IF functions and Absolute Cell References, and the column Header contains a zero with Custom Number Formatting to show the text “Decaying Ave.”
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Excel Magic Trick 1175: Decaying Average in Standards-Based Grading in Excel
See:
1. (00:10) How Decaying Average in Standards-Based Grading works
2. (02:00) Calculating in Excel Method 1: Two formulas that use IF function and Absolute Cell References
3. (04:02) Explaining logic of how IF function works. See LEN Function to check and see what IF function actually puts into the cell.
4. (05:30) Calculating in Excel Method 2: One formula that use two IF functions and Absolute Cell References, and the column Header is empty
5. (07:17) Calculating in Excel Method 3: One formula that use two IF functions, ISTEXT function and Absolute Cell References, and the column Header contains text
6. (08:05) Calculating in Excel Method 4: One formula that use two IF functions and Absolute Cell References, and the column Header contains a zero with Custom Number Formatting to show the text “Decaying Ave.”

excelisfun
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Do you have concerns that it appears as though you are taking averages of averages. Is that mathematically sound?

MarkPhillipsgms
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Thanks Mike. I'm with pmsocho I have never used decaying average.

krn
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Great! I have never used Decaying Average. Shame on me!

pmsocho
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The math is incorrect. For scores of {4, 3, 3, 4}, the decaying average should be avg(4+3+3) *.35 + 4*.65 = 3.766. You can't just take the previous weighed average as the new average to be weighed again.

jellioso