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.
There are 60 minutes is a degree and 60 seconds in a minute (1degree == 60min == 3600s). So take the fractional part of the value, i.e. 0.203655, and multiply it with 60 to get minutes, i.e. 12.2193, which is 12 minutes, and then repeat for the fractional part of minutes, i.e. 0.2193 = 13.158000 seconds.