Skip to main content

Creating Rating/Scoring System vs. Average Fee

  • February 5, 2021
  • 1 reply
  • 20 views

Looking for help creating a formula that can determine how good a certain price is compared to an average price calculated in Airtable. For example, let’s say the average price of something in a record is $100. If my price is within 5% (+/-) of $100 (i.e. $95-$105) it should conditionally show “Average”. If between 5%-15% higher (i.e. $105-$115) it should conditionally show “Fair”. If more than 15% higher (i.e. $115+) it should conditionally show “Poor”. Alternatively, if between 5%-15% lower (i.e. $95-$85) it should conditionally show “Good”. And if more than 15% lower (i.e. $85-) it should conditionally show “Excellent”. Alternatively, a rating system (e.g. 1 star being the worse and 5 stars being the best) would work too.

Anyone know if something like this is possible and if so how to do it? Thanks in advance!

This topic has been closed for replies.

1 reply

  • Author
  • Inspiring
  • February 5, 2021

I think I figured it out (for the most part). Can someone spot check for me?

IF({Current Fee} >= 1.20*{Average Fee},“ :star: ”, IF({Current Fee} >= 1.05*{Average Fee} ,“ :star: :star: ”, IF(Current Fee} >= 0.95*{Average Fee} ,“ :star: :star: :star: ”, IF({Current Fee} >= 0.80*{Average Fee} ,“ :star: :star: :star: :star: ”, IF((Current Fee} < 0.80*{Average Fee} ,“ :star: :star: :star: :star: :star: ”)))))