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Weighted Av
Weighted Av
HW
10%
Weighted Average:
Let X be a variable that takes the values
v1 , v 2 ,K , v N , and let w1 , w2 ,K , w N denote
the respective weights for these values,
with w1 + w2 + L + w N = 1 .
The weighted average for X is given by:
w1 v1 + w2 v 2 + L + w N v N