How do I Adjust Dynamic Weighted Averages?
I am trying to create a formula in Excel that tries to create a weighted average score for a person. The only problem is that sometimes one or two of the components of the weighted average may not be relevant for a person. My question is, how do I re-weight each component for them each to be mathematically correct?
For instance:
Grade: 50% Weighting
Attitude: 30% Weighting
Email Responsiveness: 10% Weighting
Timeliness 10% Weighting
So, what happens when Email Responsiveness can no longer be a part of the weighting because no emails were ever even sent out to this person? How would I readjust the weightings so that only Grade, Attitude, and Timeliness are factored into the weighted average and so that they maintain their relative importance?