weighted average
Frequency: 6.27.8 per million words
technical term in statistics
Categories:
Examples (10)
- To calculate your final grade, the professor uses a weighted average of your test scores and homework.
- In finance, the weighted average cost of capital (WACC) is a critical metric for valuation.
- The survey results were adjusted using a weighted average to reflect the population's demographics.
- A simple average treats all numbers equally, whereas a weighted average gives more importance to some.
- We calculated the weighted average price per share for the stock purchase.
- The final product rating is a weighted average of user reviews, with recent reviews having more influence.
- The environmental impact score is a weighted average of factors like carbon emissions and water usage.
- Understanding how to compute a weighted average is essential for any data analyst.
- The algorithm applies a weighted average to prioritize the most relevant search results.
- The company's performance index is derived from a weighted average of sales, customer satisfaction, and employee retention.