Economy, asked by Rishabhjain4111, 11 months ago

Mention the main difference between simple and weighted arithmetic means.

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Answered by Anonymous
1

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In a simple arithmetic mean, you just add up all the values and divide by the number of data points. In a weighted mean, you multiply the values by a certain factor that is based on some other criterion to give more 'weight' to some values than others

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Answered by Anonymous
2

Answer:

In a simple arithmetic mean, you just add up all the values and divide by the number of data points.

In a weighted mean, you multiply the values by a certain factor that is based on some other criterion to give more 'weight' to some values than others.

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