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Add a calculated column to a list or library if you want to create a cell that calculates and displays information from other columns. For example, you can add a calculated column that displays the average of two other columns for each item in a list.
This step is optional.
You can also type the names of columns manually by enclosing them in square brackets ([ ]). For example, to enter the Title column in the formula, you type [Title].
For example, to add a calculated column that displays the average of two existing columns (Column_1 and Column_2), you type ([Column_1] + [Column_2]) / 2 in the Formula box.