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weighted-mean-calculator

Weighted Mean Calculator

Weighted Mean calculator for calculating the weighted mean statistics for the given set of data. If all the values are equal, then the weighed mean is equal to the arithmetic mean.


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Weighted Mean Calculator

Enter the range of values(seperated by commas)
Enter the Weights to the range of values
   
Weighted Arithmetic Mean

  
   
  
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Formula:

Where:
Stands for weighted arithmetic mean.
Stands for values of the items and
Stands for weight of the item

Arithmetic mean computed by considering relative importance of each items is called weighted arithmetic mean. To give due importance to each item under consideration, we assign number called weight to each item in proportion to its relative importance.