SOLUTION: Which is a correct statement regarding a weighted mean? A) A weighted mean is always different from the actual mean. B) Multiply the weighting by the correspondin

Algebra ->  Probability-and-statistics -> SOLUTION: Which is a correct statement regarding a weighted mean? A) A weighted mean is always different from the actual mean. B) Multiply the weighting by the correspondin      Log On


   

Question 1168180: Which is a correct statement regarding a weighted mean?

A)
A weighted mean is always different from the actual mean.

B)
Multiply the weighting by the corresponding data value, then find the sum of the products.

C)
A weighted mean accounts for the relative importance of each value in the average.

D)
The weighted mean is less affected by outliers than the median.
Answer by MathLover1(20850) About Me  (Show Source):
You can put this solution on YOUR website!

Answer:
C) A weighted mean accounts for the relative importance of each value in the average.
note:
Understand that a weighted mean involves multiplying the weighting by the corresponding data value, then finding the sum of the products.
Note that the weighted mean is less affected by outliers than the median.