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.
Getting from a decimal to a âtimeâ format is fairly simple: If you have a decimal entry in cell B2 for hours (say, 2.1 hours = 2 hours 6 mins), and you want to convert from 2.1 to ââ2:06â³â then use the following: =TEXT(B2/24,ââHH:mmââ) {=ââ02:06â³â}. You can change the actual time format as for any other number format.f you have a decimal entry in cell B2 for hours (say, 2.1 hours = 2 hours 6 mins), and you want to convert from 2.1 to ââ2:06â³â then use the following: =TEXT(B2/24,ââHH:mmââ) {=ââ02:06â³â}. You can change the actual time format as for any other number format.