What is the difference between a simple average and a weighted average

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asked Sep 1, 2023 228k views

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Tobsey · Answer 1 · 2023-09-04T16:04:31+0000

Answer: A simple average means all numbers are treated equally and assigned equal weight. But a weighted average assigns weights that determine in advance the relative importance of each data point.

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What is the difference between a simple average and a weighted average

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