an average calculated by taking into account not only the frequencies of the values of a variable but also some other factor such as their variance. The weighted average of observed data is the result of dividing the sum of the products of each observed value, the number of times it occurs, and this otherfactor by the total number of observations
Examples of 'weighted average' in a sentence
weighted average
They are formed by various weighted averages of a number of different currencies.
Maurice D. Levi International Finance: The markets and financial management of multinational business. (1983)
Ditto for the weighted average dividend yield numbers.
Times, Sunday Times (2006)
Bought most of my stock at a weighted average price of $45.
Times, Sunday Times (2008)
Only in 1996 and 1997 did the weighted average value of sterling recover.