25 Most Important Laws in American History 1789 Federal Judiciary Act Senators Oliver Ellsworth of Connecticut and William Paterson of NewJersey sponsored the law. The law stated that the Judicial Branch consisted of three tiers. The Supreme Court would reside at the top, with a Chief Justice.
This article describes the formula syntax and usage of the AVERAGE function in Microsoft Excel. Returns the average (arithmetic mean) of the arguments. For example, if the range A1:A20 contains numbers, the formula =AVERAGE(A1:A20) returns the average of those numbers. AVERAGE(number1, [number2], ...) The AVERAGE function syntax has the following arguments: Number1 Required.
The relevance of each number is called its weight. The weights should be represented as a percentage of the total relevancy. Therefore, all weights should be equal to 100%, or 1. The most common formula used to determine an average is the arithmetic mean formula. This formula adds all of the numbers and divides by the amount of numbers. An example would be the average of 1,2, and 3 would be the sum of 1 + 2 + 3 divided by 3, which would return 2. However, the weighted average formula looks at how relevant each number is. Say that 1 only happens 10% of the time while 2 and 3 each happen 45% of the time. The percentages in this example would be the weights. The weighted average would be 2.35. The weighted average formula is a general mathematical formula, but the following information will focus on how it applies to finance.