Here you will learn what is weighted mean formula and how to calculate weighted mean with examples.
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Weighted Mean Formula
If \(w_1\), \(w_2\), โฆโฆ\(w_n\) are the weights assigned to the values \(x_1\), \(x_2\), โฆ..\(x_n\) respectively then their weighted mean is defined as
Weighted mean = \(w_1x_1 + w_2x_2 +โฆโฆ+ w_nx_n\over {w_1 +โฆโฆ.+ w_n}\) = \({\sum_{i=1}^{n}w_ix_i}\over {\sum_{i=1}^{n}w_i}\)
Also Read : What is the Formula for Mean Median and Mode
The weights represent the relative importance of the values of the variable x. For example, prices are usually weighted by the relative quantities involved.
Example : Calculate the mean and the weighted mean for the following data of marks in a class X examination as per the weights attached to each other.
Subject | Marks | Weights |
English | 62 | 1 |
Mathematics | 83 | 3 |
Science | 79 | 3 |
Social science | 74 | 2 |
Hindi | 77 | 2 |
Solution :
Subject | Marks \((x_i)\) | Weights \((w_i)\) | Weights \((w_ix_i)\) |
English | 62 | 1 | 62 |
Mathematics | 83 | 3 | 249 |
Science | 79 | 3 | 237 |
Social science | 74 | 2 | 148 |
Hindi | 77 | 2 | 154 |
\(\sum x_i\) = 375 | \(\sum w_i\) = 11 | \(\sum w_ix_i\) = 850 |
Weighted Mean = \({\sum_{i=1}^{n}w_ix_i}\over {\sum_{i=1}^{n}w_i}\) = \(850\over 11\) = 77.27
Hence, Mean = 75 and the weighted mean = 77.27