My data table, called "Email Stats" contains analytics for each email campaign. I'm trying to create a new measure that calculates the weighted average of email open rate across all 50 email campaigns (rows).
I'm a new Power BI user and having trouble getting this calculation to work. Can someone help me with the correct syntax for the weighted average of the email open rate.
COL A COL B
Opens: Open Rate:
32 62%
1055 26%
334 36%
67 14%
Excel formula to calculate weighted average of Open Rate:
=SUMPRODUCT(B2:B5,A2:A5)/SUM(A2:A5)
28%