0
Add your answer:
Earn +20 pts
The weighted mean is a special case of the?
Geometric mean
Weighted mean sample problem?
weighted mean is getting the weighted average of students. normally, it is always use in computing the general average of the students to determine the ranking of the whole class.
What is the formula for a weighted standard deviation?
Arithmatic Mean
Explain the difference between arithmetic mean and weighted mean?
The plain arithmetic mean is actually a special case of the weighted mean, except all the weights are equal to 1. The arithmetic mean is the sum of all the individual observations divided by the number of observations. With a weighted mean you multiply each observation by a weight, add those values together and then divide by the sum of the weights. E.g. Let's say you have 3 observations: 4, 7, 12 The arithmetic mean is (4+7+12) / 3 = 23/3 = 7.67 Now let's assume that you want to weight the first observation by a factor of 10, the second observation by a factor of 5 and the third observation by a factor of 2: The weighted mean is (4x10+7x5+12x3) / (10+5+2) = 111/17 = 6.53 You can see that if all the weights were 1 you would have the arithmetic mean shown above. As it is mentioned above arithmetic mean is a special case of weighted mean. In the calculation of arithmetic mean all the observations are given an equal chance of occurance ie the above mentioned problem can be written as 4*1/3+7*1/3+12*1/3=7.67 or inother words 7.67 is the number it takes if all are given equal chance whereas in weighted mean the chance of occurance are not equal .This can be written as 4*10/17+7*5/17+12*2/17=6.53 in the above eg. 4 has given more weightage than 7 and 12 has the least weightage so the probability of 4 occurring is more when compared to 7 and 12 there fore the average obtained is seen to decrease as we have given more importance to 4 than others. It shows that the average is affected by the weightage given to the numbers
How do you calculate the standard deviation of the mean using Excel?
=stdev(...) will return the N-1 weighted sample standard deviation. =stdevp(...) will return the N weighted population standard deviation.
The weighted mean is a special case of the?
Geometric mean
Is an arithmetic mean a weighted mean or a weighted mean an arithmetic mean?
The arithmetic mean is a weighted mean where each observation is given the same weight.
How do you get weighted mean?
A weighted mean is when some values contribute more than others. In order to calculate weighted mean multiply each weight by its value, add those and then divide by the sum of the weights.
Weighted mean sample problem?
weighted mean is getting the weighted average of students. normally, it is always use in computing the general average of the students to determine the ranking of the whole class.
Is it the arithmetic mean or weighted mean that is more accurate Why?
The arithmetic mean and the weighted mean are used in different situations. The arithmetic mean is used in frequencies as a general average. The weighted mean is used when different factors contribute to some kind of total for example with weighted index numbers. It is not a matter of accuracy it involves using the right mean in the right situation. Almost always (if not always) a question will specify which mean to use.
How there will be negative edge weights in case of weighted graphs?
No wiki fcking answer to this
What is the definition of 'weighted mean'?
"Weighted mean" is the average calculated by taking into account not only the frequencies of the variables but also some other factors such as their variance.
What is the formula for a weighted standard deviation?
Arithmatic Mean
What does wanos mean?
weighted average number of shares
What does rwa mean in finance?
Risk Weighted Assets
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
Explain the difference between arithmetic mean and weighted mean?
The plain arithmetic mean is actually a special case of the weighted mean, except all the weights are equal to 1. The arithmetic mean is the sum of all the individual observations divided by the number of observations. With a weighted mean you multiply each observation by a weight, add those values together and then divide by the sum of the weights. E.g. Let's say you have 3 observations: 4, 7, 12 The arithmetic mean is (4+7+12) / 3 = 23/3 = 7.67 Now let's assume that you want to weight the first observation by a factor of 10, the second observation by a factor of 5 and the third observation by a factor of 2: The weighted mean is (4x10+7x5+12x3) / (10+5+2) = 111/17 = 6.53 You can see that if all the weights were 1 you would have the arithmetic mean shown above. As it is mentioned above arithmetic mean is a special case of weighted mean. In the calculation of arithmetic mean all the observations are given an equal chance of occurance ie the above mentioned problem can be written as 4*1/3+7*1/3+12*1/3=7.67 or inother words 7.67 is the number it takes if all are given equal chance whereas in weighted mean the chance of occurance are not equal .This can be written as 4*10/17+7*5/17+12*2/17=6.53 in the above eg. 4 has given more weightage than 7 and 12 has the least weightage so the probability of 4 occurring is more when compared to 7 and 12 there fore the average obtained is seen to decrease as we have given more importance to 4 than others. It shows that the average is affected by the weightage given to the numbers
