Can I modify the next to use the column aliases avg_time and cnt in an expression ROUND(avg_time * cnt, 2)?
SELECT
The order of execution of a query (and thus the evaluation of expressions and aliases) is NOT the same as the way it is written. The "general" position is that the clauses are evaluated in this sequence:
FROM
WHERE
GROUP BY
HAVING
SELECT
ORDER BY
Hence the column aliases are unknown to most of the query until the select clause is complete (and this is why you can use aliases in the ORDER BY clause). However table aliases which are established in the from clause are understood in the where to order by clauses.
The most common workaround is to encapsulate your query into a "derived table"
Suggested reading: Order Of Execution of the SQL query
Note: different SQL dbms have different specific rules regarding use of aliases
EDIT
The purpose behind reminding readers of the logical clause sequence is that often (but not always) aliases only becomes referable AFTER the clause where the alias is declared. The most common of which is that aliases declared in the SELECT clause can be used by the ORDER BY clause. In particular, an alias declared in a SELECT clause cannot be referenced within the same SELECT clause.
But please do note that due to differences in products not every dbms will behave in this manner