Stumped can someone derive a formula for this single variable problem?

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The discussion revolves around deriving a formula in Excel to calculate a new value, X, based on averages of a series of numbers over 10 days and 3 days. The formula is established by setting the ratio of the 3-day average to the 10-day average equal to the updated averages after introducing the new number, X. The equation formulated is: sum(b8..b10)/sum(b1..b10) = (sum(b9..b10) + x)/(sum(b2..b10) + x). Solving this equation will yield the value of X.

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You have 10 days of numbers that are averaged together (10 day avg). The most recent 3 days of numbers also averaged (3 day avg). The 3 day average is divided by the 10 day average to arrive at (3d/10d)

The oldest number in the series is dropped off and a new one, X, is added. X is the newest number and thus a part of both the day and 3 day average. The (3d/10d) remains the same. What is X?

I need to write a formula for this in excel! That means every computation on one side of the = sign, and I'm not even sure if Excel can take variables. I think the trick is figuring out the formula for the new 3d/10d, but not sure. Any ideas?

http://img169.imageshack.us/my.php?image=3d10davged2.png

Thanks
 
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Setting the two ratios (3day / 10day) equal, we get

[tex] \frac{sum(b8..b10)}{sum(b1..b10)} = \frac{sum(b9..b10) + x}{sum(b2..b10)+x}[/tex]

Solve that equation for x to get your answer.
 
Thank you! It's been a while since I've penciled down an algebra equation, let's see if this rusty old brain can get that X value now :)
 

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