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 Minutes is a decimal number between 0.0 and 1440.0. The portion of the number to the left of the decimal refers to the number of minutes. The decimal portion of the number refers to seconds. 1439.0 minutes is equal to 23 hours and 59 minutes and converts to 23:59:00.There are 1440.0 minutes in 24 hours.Using the formula shown above will return a serial number.here Minutes is a decimal number between 0.0 and 1440.0. The portion of the number to the left of the decimal refers to the number of minutes. The decimal portion of the number refers to seconds. 1439.0 minutes is equal to 23 hours and 59 minutes and converts to 23:59:00.