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weighted average

   Also found in: Dictionary/thesaurus, Financial, Acronyms, Wikipedia, Hutchinson 0.01 sec.
weighted average [′wād·əd ′av·rij]
(statistics)
The number obtained by adding the product of αitimes theith number in a set ofNnumbers fori= 1,2,…,N,where αiare numbers (weights) such that α1+ α2+ ⋯ + αN= 1. Also known as weighted mean.


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? Mentioned in ? References in periodicals archive
 
The weighted average loan rate of the Pool I mortgage loans is approximately 8.
The weighted average loan rate of the Pool I mortgage loans is approximately 8.
The weighted average current loan rate is approximately 8.
 
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