Google Sheets | How to Add & Use Calculated Field | Pivot Table | Example | Spreadsheet | Tutorial

In Google Sheets, the Calculated Field element of a pivot table assists to use a formula or function formula for calculation. That is, a Calculated Field helps to get data not in the pivot table. For example, such a field can be used for calculating the average buy price of shares by typing the formula in the field.
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How to Create a Pivot Table in Google Sheets?
Create a pivot table for calculation and in-depth data analysis:
• Google Sheets | Pivot ...
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A pivot table assists to get the maximum value in a data range without using a formula:
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A salient feature of Calculated Field is the source table header labels can be used in the formula. For instance, say two of the columns of a pivot table, relating to the buy price of shares, have header labels Buy Price and Quantity.
To calculate the average buy price of shares, the labels can be used in the formula by typing it in the Calculated Field:
=SUMPRODUCT('Buy Price', Quantity)/SUM(Quantity)
Review this video tutorial, which gives the steps to use a Calculated Field in a Google Sheets pivot table, with examples.