Your browser does not seem to support JavaScript. As a result, your viewing experience will be diminished, and you have been placed in read-only mode.
Please download a browser that supports JavaScript, or enable it if it's disabled (i.e. NoScript).
A weighted average is a type of average where each observation in the data set is multiplied by a predetermined weight before calculation.
an average in which more value is given to some things than others depending on their importance:
Share your knowledge with the community
Browse our collection of 300,000+ community-written definitions
