Economy, asked by Anonymous, 7 months ago

. Define weighted mean. How is it calculated?

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Answered by steveazad

0

Weighted Mean: A mean where some values contribute more than others. When the weights add to 1: just multiply each weight by the matching value and sum it all up. Otherwise, multiply each weight w by its matching value x, sum that all up, and divide by the sum of weights: Weighted Mean = ΣwxΣw.

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