You can calculate percentage rating in Excel by dividing the rating value by the total possible rating value and then multiplying by 100.
Here's a breakdown of the steps:
-
Identify the Rating Value and Total Possible Rating Value:
- Rating Value: The actual rating received. For example, if a product received 4 out of 5 stars, the rating value is 4.
- Total Possible Rating Value: The maximum rating possible. For example, in a 5-star rating system, the total possible rating value is 5.
-
Divide the Rating Value by the Total Possible Rating Value:
- In our example, this would be 4 / 5 = 0.8.
-
Multiply the Result by 100:
- 0.8 * 100 = 80%.
Here's how you can do it in Excel:
- Enter the Rating Value in one cell: For example, in cell A1, enter 4.
- Enter the Total Possible Rating Value in another cell: For example, in cell B1, enter 5.
- *Enter the formula `=A1/B1100` in a third cell:** This will calculate the percentage rating.
Example:
| Cell | Value |
|---|---|
| A1 | 4 |
| B1 | 5 |
| C1 | =A1/B1*100 |
Cell C1 will display the result: 80%.
Practical Insights:
- You can use this formula to calculate percentage ratings for various scenarios, such as customer satisfaction surveys, employee performance evaluations, and product reviews.
- You can apply formatting to the percentage result to display it in a desired format (e.g., with a percentage symbol).
Additional Notes:
- If the rating is based on a different scale (e.g., a 10-point scale), adjust the Total Possible Rating Value accordingly.
- This formula assumes that all ratings are equally weighted. If the ratings are weighted differently, you will need to adjust the formula accordingly.
