Weighted Average Formula:
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A weighted average is an average where some data points contribute more than others. Unlike a simple average where all values are treated equally, a weighted average assigns different weights to different values based on their importance or frequency.
The calculator uses the weighted average formula:
Where:
Explanation: Each value is multiplied by its weight, these products are summed, and then divided by the sum of all weights.
Details: Weighted averages are crucial in many fields including education (GPA calculation), finance (portfolio returns), statistics, and research where different data points have different levels of importance.
Tips: Enter values and corresponding weights as comma-separated lists. Ensure you have the same number of values and weights. Weights should be positive numbers, and the sum of weights should not be zero.
Q1: What's the difference between average and weighted average?
A: A simple average treats all values equally, while a weighted average gives more importance to some values based on their assigned weights.
Q2: Can weights be negative?
A: While mathematically possible, negative weights are rarely used in practical applications as they can produce counterintuitive results.
Q3: What happens if the sum of weights is zero?
A: Division by zero is undefined, so the weighted average cannot be calculated if the sum of weights equals zero.
Q4: How are weights determined?
A: Weights are typically based on importance, frequency, or relevance of each value in the specific context of calculation.
Q5: Can I use percentages as weights?
A: Yes, percentages can be used as weights. The calculator will work correctly as long as the weights are consistent (all using the same unit or scale).