Weighted average
Meaning in statistics, with examples
In statistics, weighted average means: An average in which some values count more than others: each value is multiplied by a weight, the results are added, and the total is divided by the sum of the weights.
In Turkish: ağırlıklı ortalama
How it is used
Used for grade point averages, price indices, combining results from groups of different sizes and survey weighting. 'Weighted mean' is the more technical name. In surveys, weights correct for groups that were over- or under-represented in the sample.
Example sentences
The final grade is a weighted average: the exam counts for 60% and the project for 40%.
Don't just average the branch means; take a weighted average by number of customers.
Common collocations
- calculate a weighted average
- weighted mean
- survey weights
- weight by population
Related terms
More terms: Descriptive Statistics
Practise with graded reading
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