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Earn +20 ptsQ: In Mathematical terms what does the term weighted average mean?
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Continue Learning about Math & Arithmetic
What is a mean in mathematical terms?
it is basically the math term used for average
What does does the mean reflect the average?
Mean is the mathematical term for average.
What does quadrant mean in mathematical terms?
A quarter of a circle.
Is there any difference between expected value and arithmetic mean?
There is. Arithmetic mean is simple average of numbers not weighted by anything. However in EV, the numbers are weighted by their probability
The sum of of terms divided by the number of terms?
The mean, or the average.
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