Forum Discussion
Help! :( Dynamic Weighted Average based on Revenue
Hi,
For the Weighted Amt, the measure should be:
=IF(HASONEVALUE(Data[Prod]),[Price] * [% of Total],SUMX(SUMMARIZE(VALUES(Data[Prod]),Data[Prod],"ABCD",[Price] * [% of Total]),[ABCD]))
Hope this helps.
I've never been so excited to get to work on a Monday to test a formula. :) Thank you, Ashish_Mathur! This formula appears to have worked correctly over different slicers. (Attached image showing measure at work named TEST WAV.)
The only thing I had a question about is the "ABCD" reference. I believe this is for the individual products, but in my case I have hundreds of products in different categories. I kept in the "ABCD" reference and it still worked, but curious as to what it is for.
Thank you again!
You are most welcome. ABCD is the just the title of a new virtual column that i have inserted via the SUMMARIZE() function. Down that column, i am simply multiplying Price and the % . Instead of ABCD, type any other relevant heading.
Hope this helps.
Thank you so much for clarifying! Now this function makes sense to me, and I can't wait to use it elsewhere now that I know how to use it. :)
You are welcome.