Cutoff Percentage Calculator

Inputs

Tip: Enter xi as decimal (e.g., -0.05, 0.10). If you enter ±5, it will be treated as ±5% automatically.

Results

Weighted Average (X̄): –
Standard Deviation (Sd): –
Cutoff Percentage: –
Lowest Responsive Amount: -
Tenderers' input
About the cutoff formula

Xbar = 0.5*(sum(xOCE*(1+xi/100))/n) + 0.2*xOCE + 0.3*xOCE*(1+fegp/100)
Sd = sqrt(sum((Xbar - (xOCE*(1+xi/100)))^2) / n)
Cutoff = -(1 - ((Xbar - Sd)/xOCE))*100