Weighted Average is a type of average that takes into account the relative importance of different values. It is calculated by multiplying each value by its corresponding weight, then adding them together and dividing by the total weight. This method is useful when trying to compare different values that have different levels of importance.
A Weighted Average Calculator is a tool used to calculate the average of a set of numbers, where each number has a different weight or importance. This type of average is useful when the individual values in a set of data are not equally important or when the data set has multiple components. For example, a Weighted Average Calculator can be used to calculate a student’s grade in a course, where each assignment has a different weight.
Weighted Average = (Weight of each item * Value of each item) / Total Weight For example, if you have three items with weights of 2, 4, and 6 and values of 10, 20, and 30 respectively, the weighted average would be calculated as follows: Weighted Average = (2*10 + 4*20 + 6*30) / (2 + 4 + 6) Weighted Average = (200 + 800 + 1800) / 12 Weighted Average = 2600 / 12 Weighted Average = 216.67
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