weighted arithmetic mean
Quick Summary
In mathematics, a weighted arithmetic mean is a type of average where each number in a dataset is assigned a specific weight, indicating its relative importance or frequency. This differs from the standard arithmetic mean, where all numbers are treated equally.123
To calculate the weighted arithmetic mean, you multiply each number by its assigned weight, sum these products, and then divide by the sum of all the weights. This method is particularly useful in statistical analysis, especially when dealing with grouped data where each number represents the midpoint of an interval and its weight is the count of data points within that interval.1
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