Economy, asked by mangojuice, 8 months ago

Question 3: Calculate weighted mean.

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Answered by mohitpaswan25
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Explanation:

point contributing equally to the final mean, some data points contribute more “weight” than others. If all the weights are equal, then the weighted mean equals the arithmetic mean (the regular “average” you’re used to). Weighted means are very common in statistics, especially when studying populations.

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