A basic average or mean is just the sum of all the observations in a sample divided by the number of observations in the sample. How to calculate your weighted average based on the components of evaluation. So in this case Economics marks have contributed more to the final result than any other element.
55 x 1 65 x 1 75 x 1 85 x 3 95 x 1 11131 This comes out to be 7785 which is higher than the un-weighted average ie.
Below you can find the. Calculating Weighted Average When the Weights Add up to 1 1. Start by selecting the cell where you want the. The code is straightforward and easy to remember.