define weighted average
Answers
an average resulting from the multiplication of each component by a factor reflecting its importance.
Answer:
It is an average resulting from the multiplication of each component by a factor reflecting its importance.
Step-by-step explanation:
Calculating Weighted Average When the Weights Add up to 1
Gather the numbers you would like to average. You’ll need to start by assembling a list of the numbers for which...
Determine the weight value of each number. Once you have your numbers, you’ll need to know how much each of them...
Multiply each number by its weighting factor (w). Once you have all your numbers, pair up each number (x) with its...
Add the resulting numbers together to find the weighted average. The basic formula for a weighted...
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