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.
More importance can be attached to observations which are either of greater importance, accuracy (lesser variance).
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.
To find the weighted average of four scores, first define the scores as ( S_1, S_2, S_3, ) and ( S_4 ) and their corresponding weights as ( W_1, W_2, W_3, ) and ( W_4 ). The algorithm can be expressed as: Calculate the weighted sum: ( \text{Weighted Sum} = (S_1 \times W_1) + (S_2 \times W_2) + (S_3 \times W_3) + (S_4 \times W_4) ). Calculate the total weight: ( \text{Total Weight} = W_1 + W_2 + W_3 + W_4 ). Finally, compute the weighted average as: ( \text{Weighted Average} = \frac{\text{Weighted Sum}}{\text{Total Weight}} ). This will yield the desired weighted average score.
the advantages of deductive method
The advantages of using weighted average cost is that it is consistent, the formula is very simple to use and their is less paperwork. This method, however, makes it difficult to follow the ups and downs of the market if prices change frequently.
More importance can be attached to observations which are either of greater importance, accuracy (lesser variance).
What is weighted average atomic number
disadvantages advantages of osx
What are the disadvantages and advantages of liquor?
advantages and disadvantages of recession
there are no advantages or disadvantages
What are the advantages and disadvantages of OS2?
disadvantages advantages of osx
what are the disadvantages and advantages of antipyretic
What are the advantages and disadvantages of interpreter
What are the advantages and disadvantages of shareblocks