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Statistics:: Weighted Mean

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Nitin Goel

Lecture 4. WEIGHTED MEAN
Caption: The weighted mean is a statistical measure that assigns different weights to values in a data set based on their relative importance. It is calculated by multiplying each value by its corresponding weight, adding up the products, and dividing by the sum of the weights. The weighted mean is useful when some values in the data set are more important than others.

Keywords: weighted mean, statistical measure, data set, relative importance, weights, arithmetic mean, formula, importance, survey, financial analysis, assets, investments.

1. INTRODUCTION    • Business Mathematics and Statistics B...  
2. MEASURE OF CENTRAL TENDENCY    • BUSINESS STATISTICS:MEASURE OF CENTRA...  
3. MEASURE OF CENTRAL TENDENCY (NUMERICALS)    • Statistics Numerical Measure of Centr...  
4. WEIGHTED MEAN    • Statistics:: Weighted Mean  
5. MEDIAN QUARTILE | PARTITION VALUES    • STATISTICS MEDIAN QUARTILE PARTITION ...  
6. PROBLEM SUMS NUMERICALS    • STATISTICS PROBLEM SUMS NUMERICAL  
7. OGIVE CURVE    • OGIVE CURVE:: Statistics  
8. MODE GRAPHICALLY | MEAN MEDIAN MODE RELATIONSHIP    • STATISTICS::MODE GRAPHICALLY::MEAN MO...  
9. MODE    • STATISTICS :: MODE  
10. MEASURE OF DISPERSION RANGE QUARTILE DEVIATION    • Measure Of Dispersion Range Quartile ...  
11. MEAN DEVIATION | STANDARD DEVIATION    • Statistics Mean Deviation Standard De...  
12. STANDARD DEVIATION COVARIANCE COMBINED STANDARD DEVIATION    • Standard Deviation CoVariance Combine...  
13. CORRELATION CONCEPT AND UNDERSTANDING PART 1    • Correlation:: Concept and understanding  
14. CORRELATION NUMERICALS AND FORMULAS    • Correlation Numericals and formulas  
15. RANK CORRELATION    • Rank Correlation  
16. INDEX NUMBERS PART 1    • Index Numbers Part 1  
17. INDEX NUMBERS PART 2    • Index Numbers Part 2  
18. TIME SERIES PART 1    • Time Series Analysis  
19. TIME SERIES PART 2    • Least Square Method  
20. GEOMETRIC MEAN    • Geometric Mean  
21. HARMONIC MEAN    • Harmonic Mean  



Weighted Mean
OpenEnded Class
   • BUSINESS STATISTICS:MEASURE OF CENTRA...   Measure of Central Tendency
Statistics Full Playlist
   • Business Statistics XI and B.com Niti...  
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