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What is the difference between Average method vs weighted average method?
Wiki User
∙ 13y ago
in weighted average method we assigns the weight to the averages while in average methods we dnt do this
Wiki User
∙ 13y ago
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What is a reasonable interval?
Look at the data and see what is the average difference between the numbers. That is the reasonable interval.
Can average deviation be negative?
No, average deviation cannot be negative. Deviation is a representation of differences between numbers. A difference is always an absolute value, so the number cannot be negative (even though subtracting the deviation from an average may result in a a negative result).
How do you find the median if theres two in the middle?
You calculate the normal average between the two central numbers.You calculate the normal average between the two central numbers.You calculate the normal average between the two central numbers.You calculate the normal average between the two central numbers.
Is range an average in maths?
No. If you had the values 13, 24 and 33, the range would be the difference between the highest and lowest values, 13 and 33. 33 - 13 = 20 This gives you a range of 20, which isn't an average.
What is the difference between smaller and smallest?
Smaller means Being below the average in size or magnitude.Smallest means the lowest size or magnitude.
What is the difference between average and weighted average?
weighted average is an average in which each quantity to be averaged is assigned a weight. These weightings determine the relative importance of each quantity on the average.
Difference between simple and weighted average?
In a simple average every value is worth the same, but in a weighted average, the frequency of each value is taken into consideration.
Is there any difference between expected value and arithmetic mean?
There is. Arithmetic mean is simple average of numbers not weighted by anything. However in EV, the numbers are weighted by their probability
What is the difference between average atomic mass and atomic mass?
What is the difference between value weighted index and equal weighted index?
Value weighted index is a market average such as Standard & Poor's 500 Index that takes into account the market value of each security rather than calculating a straight price average. An equal weighted index is a type of weighting that gives the same weight, or importance, to each stock in a portfolio or index fund. The difference is one gives individual value and other gives one value to all.
What is the difference between normal and average respiratory rate?
The difference between normal and average respiratory rate is simple. Normal is healthy and cannot change and average most certainly can change.
What is the average difference in weight between men and women?
The average weight difference between men and women of the same height and age is 10 pounds.
What is the difference between 'particular average loss' and 'general average loss'?
both have a slight tinge of "epic"
What is the difference between average total costs and average variable costs?
Average total cost is the average of all your costs. This is your Fixed Costs and your Variable costs. Average Variable Cost is the average of your costs that can fluctuate.
Difference between round robin scheduling and Weighted round robin scheduling?
One is weighted, the other is not. Simple as.
What is the difference of evaluation of inventory between weighted average method and FIFO method?
A method of inventory accounting in which the oldest remaining items are assumed to have been the first sold. In a period of rising prices, this method yields a higher ending inventory, a lower cost of goods sold, a higher gross profit (assuming constant price), and a higher taxable income. Also called FIFO.Method in calculation in which the weighted averagezzor the period is the cost of the goods available for sale divided by the number of units available for sale. When the perpetual inventory system is used, the weighted average method is called the moving average method.
What is the difference between price and average cost?
marginal cost
