Define a weighted average. How does it differ from an unweighted average? Discus the use of weighted average
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Define a weighted average. How does it differ from an unweighted average? Discus the use of weighted average
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Average and weighted average are two different terms in excel, average is a method to calculate the central point of a given data set and it is calculated the traditional way of calculating average of adding the numbers divided the number of data set present, whereas weighted average is an average which is calculated on the same way but with a weight multiplied with each data set.
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