Weighted averages are used often in investing. It's basically how we measure the performance of our respective portfolios. In fact, the S&P 500 index is the weighted average performance of the 500 largest companies on the major U.S. stock exchanges by market capitalization.
To convert minutes in decimal format to a proper Excel time, just divide by 1440. For example, if you have a number that represents minutes in cell A1, use: If A1 contains the number 360 (representing 360 minutes) then the result will be 360/1440 = .25, since 360 minutes = 6 hours = 1/4 day.To see the result formatted in a normal time format, you'll need to change the number format to a time format.or example, if you have a number that represents minutes in cell A1, use: If A1 contains the number 360 (representing 360 minutes) then the result will be 360/1440 = .25, since 360 minutes = 6 hours = 1/4 day. To see the result formatted in a normal time format, you'll need to change the number format to a time format.
by Gregory on. Converting a decimal time value to minutes and hours is easily done in Excel. That is, if the time value is less than 24 hours. Here are three simple steps. 1  Enter a decimal value into a cell. 2  Divide by 24.3  Change cell formatting to Time (h:mm).y Gregory on. Converting a decimal time value to minutes and hours is easily done in Excel. That is, if the time value is less than 24 hours. Here are three simple steps. 1  Enter a decimal value into a cell. 2  Divide by 24.