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Formula to find the Weighted mean? - Answers
The weighted mean is calculated using the formula: [ \text{Weighted Mean} = \frac{\sum (w_i \cdot x_i)}{\sum w_i} ] where (x_i) represents the data points, (w_i) represents the weights assigned to each data point, and the summation is performed over all data points. This formula accounts for the relative importance of each value, giving more weight to higher significance values.
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Formula to find the Weighted mean? - Answers
The weighted mean is calculated using the formula: [ \text{Weighted Mean} = \frac{\sum (w_i \cdot x_i)}{\sum w_i} ] where (x_i) represents the data points, (w_i) represents the weights assigned to each data point, and the summation is performed over all data points. This formula accounts for the relative importance of each value, giving more weight to higher significance values.
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Formula to find the Weighted mean? - Answers
The weighted mean is calculated using the formula: [ \text{Weighted Mean} = \frac{\sum (w_i \cdot x_i)}{\sum w_i} ] where (x_i) represents the data points, (w_i) represents the weights assigned to each data point, and the summation is performed over all data points. This formula accounts for the relative importance of each value, giving more weight to higher significance values.
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