Math Problem Statement

What is the formula shown in the image for calculating the weighted average?

Solution

The equation you provided from the image seems to represent a weighted average formula. It is written as follows:

w=i=1nwixii=1nwiw = \frac{\sum_{i=1}^{n} w_i x_i}{\sum_{i=1}^{n} w_i}

Where:

  • ww represents the weighted average.
  • wiw_i represents the weights.
  • xix_i represents the values corresponding to each weight wiw_i.
  • i=1n\sum_{i=1}^{n} denotes the summation from i=1i = 1 to nn.

This equation calculates the weighted average of a set of values xix_i, each associated with a corresponding weight wiw_i. The numerator sums the product of each weight wiw_i and its corresponding value xix_i, while the denominator sums all the weights wiw_i.

Would you like more details on how to apply this equation, or have any specific questions about it?

Here are 5 related questions to expand understanding:

  1. How do you apply this formula to real-world data?
  2. What happens if the sum of weights is zero?
  3. How does this formula differ from a simple average?
  4. How can the weighted average be used in decision-making processes?
  5. Can this formula be extended to include more complex weighting systems?

Tip: Ensure that the weights wiw_i sum to a meaningful value, usually 1 or something representative, to maintain the validity of the average interpretation.

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Math Problem Analysis

Mathematical Concepts

Weighted Average
Summation
Statistics

Formulas

w = (Σ(w_i * x_i)) / (Σ(w_i))

Theorems

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Suitable Grade Level

Grades 9-12