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This is when you take the percent of stores that one product is sold in and weigh it by how important it is. For example, a supermarket will weigh more than 3 small gas stations.

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10y ago

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Difference between weighted and numeric distribution?

numeric distribution is simply the number of items that have that thing divided by he total number of the sample, regardless of size or contribution.weighted distribution is the number of items that have that thing multiplied by the weight of that thing divided by the total number of the sample.example in salesif a group of 100 retailers is the sample, 70 of them are keeping a certain product and the other 30 do notthen the numeric distribution of the product in this group is 70%if all retailers have the same contribution to the sales to consumers, then the weighted distribution is 70% toobut if those 30 retailers (who do not keep have the product) contribution to the sales to consumers is 60%, then the weighted distribution of the 70 retailers having that product is only 40%


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