weighted average


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Related to weighted average: Weighted average cost of capital

weighted average

[′wād·əd ′av·rij]
(statistics)
The number obtained by adding the product of αi times the i th number in a set of N numbers for i = 1,2,…, N, where αi are numbers (weights) such that α1+ α2+ ⋯ + αN = 1. Also known as weighted mean.
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