Definition of weighted average in statistics
Answers
Answered by
0
`WEIGHTED AVERAGE ` is a mean calculated by giving values in a data set more influence according to some attribute of the data. It is an average in which each quantity to be averaged is assigned a weight, and these weightings determine the relative importance of each quantity on the average.
Similar questions
Math,
8 months ago
World Languages,
8 months ago
Math,
8 months ago
Computer Science,
1 year ago
Math,
1 year ago
Science,
1 year ago