More importance can be attached to observations which are either of greater importance, accuracy (lesser variance).
Chat with our AI personalities
The advantages of using weighted averages are that it smooths out fluctuations due to statistical outliers. The disadvantage is that this gives a uniformity in the statistics and can make it difficult to project trends.
What is weighted average atomic number
A flow weighted average is found by dividing the total load over the estimation time by the total stream flow.
In addition to the observed values, a weighted average needs weights. No weights are given.
A weighted average is the average of a particular category and then weighted to whichever percentage it represents. Ex. Your course grade consists of 50% tests and 50% homework. You take two tests. You would take the average of the two tests and then weigh them against the total, which is 50%. (G1+G2)/2 x 50%