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Average days per application or Something else

Hi,

I have the following data. I want to calculate average decisioning days per application. I think average would not be the better to calculate it. Which one would be better method to calculate.

IDDecisioning Days
111110
111121
111132
111141
111152
111162
111172
111181
111192
111201
111211
111223
111233
111241
111251
111262
1112730
1112825
1112924
16 Replies
jvitantonio
Luminary Alumni
Luminary Alumni

Hi, you can try:

sum(Total NoOfApps)/sum(TOTAL DecisionDays)

JV

Not applicable
Author

try this:

=avg(aggr(DecisioningDays,NoofApps))

jagan
Luminary Alumni
Luminary Alumni

Hi,

Try like this

=Avg([Decisioning Days] * [No of Apps])

Regards,

Jagan.

Not applicable
Author

avg(aggr(DecisionDays,Application) where Application is your dimension so your are averaging the # of days by Application.  It is essentially summing the # of days per Application and dividing by the # of IDs (or Row Count).

Not applicable
Author

It's not the good method because most of the applications are decisioned between 0-2 days. Very few are decisioned in greater than 2 days but these greater than 2 days applications increase the average days per applications. e.g

Decisioning Days%
01
17
26
32
241
251
301
Total Applications19
Not applicable
Author

I see.  Due to your outliers, your averages will be skewed.  There are ways to remove outliers but the way I like to do it is to use a scatter chart in the same tab and allow the user to use the scatter chart to highlight the range without the outliers.  This way the user sees the outliers visually but can filter to only show averages without the outliers.  Not a perfect solution but great during data discovery phase

Not applicable
Author

Debbie,

You are right. These outliers skew the average. I need to show in a table. Any idea?

Not applicable
Author

this will give you the right avg:

=sum(DecisioningDays*NoofApps)/sum(NoofApps)

Not applicable
Author

It gives the same answer. Still not solved