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in weighted average method we assigns the weight to the averages while in average methods we dnt do this

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Q: What is the difference between Average method vs weighted average method?
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What is the difference between average and weighted average?

weighted average is an average in which each quantity to be averaged is assigned a weight. These weightings determine the relative importance of each quantity on the average.


Difference between simple and weighted average?

In a simple average every value is worth the same, but in a weighted average, the frequency of each value is taken into consideration.


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


What is the difference between average atomic mass and atomic mass?

Average atomic mass is the weighted average mass of all the isotopes of an element, taking into account their natural abundances. Atomic mass refers to the mass of a single atom of a specific isotope of an element.


What is the difference between mass number relative atomic mass and average atomic mass?

The mass number is the total number of protons and neutrons in an atom's nucleus. Relative atomic mass is the weighted average mass of all the isotopes of an element, taking into account their natural abundance. Average atomic mass is the weighted average mass of an element's isotopes in a given sample, considering their abundance in that sample.


What is the difference between value weighted index and equal weighted index?

Value weighted index is a market average such as Standard & Poor's 500 Index that takes into account the market value of each security rather than calculating a straight price average. An equal weighted index is a type of weighting that gives the same weight, or importance, to each stock in a portfolio or index fund. The difference is one gives individual value and other gives one value to all.


What is the difference between average atomic mass and mass number?

The average atomic mass is the weighted average of the masses of all naturally occurring isotopes of an element, taking into account their abundance. The mass number, on the other hand, represents the total number of protons and neutrons in the nucleus of an atom, and it is a whole number.


Explain the difference between atomic mass and average atomic mass?

Atomic mass is the total mass of an atom, which includes the mass of protons, neutrons, and electrons. Average atomic mass, on the other hand, is the weighted average of the masses of the isotopes of an element, taking into account the abundance of each isotope in a sample of the element.


What is the difference between normal and average respiratory rate?

The difference between normal and average respiratory rate is simple. Normal is healthy and cannot change and average most certainly can change.


What is the difference between atomic mass and average atomic mass?

Atomic mass refers to the mass of an individual atom of a specific element, while average atomic mass is the weighted average of the masses of all the isotopes of an element, taking into account their relative abundance in nature. Average atomic mass is usually listed on the periodic table, while atomic mass is specific to a single isotope.


What is the difference between 'particular average loss' and 'general average loss'?

both have a slight tinge of "epic"


What is the difference between average total costs and average variable costs?

Average total cost is the average of all your costs. This is your Fixed Costs and your Variable costs. Average Variable Cost is the average of your costs that can fluctuate.