weighted average

Importance-adjusted calculation result

A weighted average is an average in which some values count more than others.

In a simple average, all items contribute equally; in a weighted average, each item is multiplied by a factor reflecting its importance.

A student's GPA is a weighted average—a grade in a four-credit course affects it more than a grade in a one-credit course.

The index is a weighted average of stock prices, with larger companies counting more.

statistics

mean

Average, or spiteful

dispersion · normal distribution · skewness · percentile · quartile · median · mode · outliers · bell curve · sample size

computation

formula

Fixed method or notation

summation · coefficient · multiplier · factor · algorithm · function · data set · aggregation · normalization · interpolation

investment

portfolio

Collected works or assets

returns · stocks · bonds · equities · funds · rebalancing · market cap · index fund · asset class · securities

grading

rubric

Evaluation criteria set

points · marks · partial credit · grading curve · percentile · final grade · assignments · exams · GPA · participation

Categories
Opposites
weighting methodology

weighted averagearithmetic mean

Sum over count

statistical sophistication

weighted averageraw data

Unanalyzed collected information

median · mode

Family

weight, average, weighed, weighing, weighted, weights, averaging, averages, averaged

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