- weighted average
- = weighted meanAn arithmetic average that takes into account the importance of the items making up the average.exampleA trader buys a commodity on three occasions – 100 tonnes at £70 per tonne, 300 tonnes at £80 per tonne, and 50 tonnes at £95 per tonne. The purchases total 450 tonnes. The simple average price would be (70 + 80 + 95)/3 = £81.7. However, the weighted average, taking into account the amount purchased on each occasion, is:[(100 × 70) + (300 × 80) + (50 × 95)]/450 = £79.4 per tonne.
Accounting dictionary. 2014.
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weighted average — ➔ average2 * * * weighted average UK US noun [C] ECONOMICS, FINANCE ► an average in which more value is given to some things than others depending on their importance: »The index is a weighted average of growth rates in corporate earnings,… … Financial and business terms
weighted average — weighted mean An arithmetic average that takes into account the importance of the items making up the average. For example, if a trader buys a commodity on three occasions, 100 tonnes at £70 per tonne, 300 tonnes at £80 per tonne, and 50 tonnes… … Big dictionary of business and management
Weighted Average — An average in which each quantity to be averaged is assigned a weight. These weightings determine the relative importance of each quantity on the average. Weightings are the equivalent of having that many like items with the same value involved… … Investment dictionary
weighted average — svertinis aritmetinis vidurkis statusas T sritis Standartizacija ir metrologija apibrėžtis Apibrėžtį žr. priede. priedas( ai) Grafinis formatas atitikmenys: angl. arithmetic weighted mean; weighted arithmetic average; weighted average; weighted… … Penkiakalbis aiškinamasis metrologijos terminų žodynas
weighted average — svertinis vidurkis statusas T sritis fizika atitikmenys: angl. weighted arithmetic average; weighted average; weighted mean vok. gewogener Mittelwert, m; gewogenes Mittel, n rus. взвешенное среднее, n; средневзвешенное значение, n pranc. moyenne… … Fizikos terminų žodynas
weighted average — The *mean of a number of items that has been calculated to reflect the items’ relative importance. For example, a corporation that purchases inventory of the same *raw material on two separate dates, 100 units at $10 per unit and 50 units at $5… … Auditor's dictionary
weighted average — balanced average, average whose different components are weighted in different ways; method for evaluating the value of a supply … English contemporary dictionary
weighted average — noun or weighted mean : an average of the values of a set of items to each of which is accorded a weight indicative of its frequency or relative importance … Useful english dictionary
weighted average — noun An arithmetic mean of values biased according to agreed weightings. Syn: weighted mean … Wiktionary
weighted average — /ˌweɪtɪd æv(ə)rɪdʒ/ noun an average which is calculated taking several factors into account, giving some more value than others … Marketing dictionary in english