Mention the main difference between simple and weighted arithmetic means.
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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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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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