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.
Where you multiply hours by 60 and divide seconds by the same number in order to convert them to minutes. For example, if A2 contains 1:15:00, both formulas will return 75 because 1 hour and 15 minutes equates to 75 minutes.here you multiply hours by 60 and divide seconds by the same number in order to convert them to minutes. For example, if A2 contains 1:15:00, both formulas will return 75 because 1 hour and 15 minutes equates to 75 minutes.