(İstatistik) An average resulting from the multiplication of each component by a factor reflecting its importance.g
The average percentage mark achieved by a student in assessed work from a given set of modules, individual module marks being weighted in the same proportion as the credit values and (where appropriate) levels of the modules concerned
Method to assign cost to inventory where the cost of goods available for sale is divided by the number of units available to get per unit cost that is then multiplied by the units in inventory after each sale (See (p 213))
The mean of the form: where a1 and a2 are weighting factors and are the values to be average
balanced average, average whose different components are weighted in different ways; method for evaluating the value of a supply
A procedure for combining the mean of two or more groups of different sizes; it takes the sizes of the groups into account when computing the overall or grand mean For example, the All HMO average was weighted to reflect Medicaid population size which varies greatly among HMOs
A number that is derived by multiplying the number of responses for each rating times the value of that rating, totaling those figures, and then dividing by the total number of respondents answering that question
This average takes account of how long each rate was in effect by multiplying each historical rate by the number of days it was in effect, then dividing by the total number of days for which the average is being calculated
An average calculated by using two data items, 1) the percentage each item represents of the total amount, 2) the data item in which you are trying to get a weighted average
Given a sequence of function values and a matching sequence of real numbers, called weights, such that the sum of all of the weights is unity, then the sum of all of the products of the weights times the function values is called a weighted average of the function values