This calculator determines the weighted average (mean) associated with the entered data values and weights.
The weighted average (mean) is calculated using the following formula:
Weighted Average (x) = |
|
Where,
wi = Weight assigned to the ith product,
xi = Data value,
∑ = Sum of all the terms.
The formula can also be expressed as:
x = |
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Let's take an example.
Suppose, you have class grades 77, 86, and 91, with weights of 5, 3, and 6. Calculate the weighted average for the given data.
Here,
x1 = 77
x2 = 86
x3 = 91
w1 = 5
w2 = 3
w3 = 6
Now put all the values into the formula.
x = |
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x = |
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x = |
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Weighted Average (x) = 84.93.