# weighted average

- The
*****mean of a number of items that has been calculated to reflect the items’ relative importance. For example, a corporation that purchases inventory of the same*****raw material on two separate dates, 100 units at $10 per unit and 50 units at $5 per unit, calculates the weighted average of the inventory as $8.33. This represents (100 x 10) + (50 x 5)/150.

*Auditor's dictionary.
2014.*

### Look at other dictionaries:

**weighted average**— ➔ average2 * * * weighted average UK US noun [C] ECONOMICS, FINANCE ► an average in which more value is given to some things than others depending on their importance: »The index is a weighted average of growth rates in corporate earnings,… … Financial and business terms**weighted average**— weighted mean An arithmetic average that takes into account the importance of the items making up the average. example A trader buys a commodity on three occasions – 100 tonnes at £70 per tonne, 300 tonnes at £80 per tonne, and 50 tonnes at £95… … Accounting dictionary**weighted average**— weighted mean An arithmetic average that takes into account the importance of the items making up the average. For example, if a trader buys a commodity on three occasions, 100 tonnes at £70 per tonne, 300 tonnes at £80 per tonne, and 50 tonnes… … Big dictionary of business and management**Weighted Average**— 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. Weightings are the equivalent of having that many like items with the same value involved… … Investment dictionary**weighted average**— svertinis aritmetinis vidurkis statusas T sritis Standartizacija ir metrologija apibrėžtis Apibrėžtį žr. priede. priedas( ai) Grafinis formatas atitikmenys: angl. arithmetic weighted mean; weighted arithmetic average; weighted average; weighted… … Penkiakalbis aiškinamasis metrologijos terminų žodynas**weighted average**— svertinis vidurkis statusas T sritis fizika atitikmenys: angl. weighted arithmetic average; weighted average; weighted mean vok. gewogener Mittelwert, m; gewogenes Mittel, n rus. взвешенное среднее, n; средневзвешенное значение, n pranc. moyenne… … Fizikos terminų žodynas**weighted average**— balanced average, average whose different components are weighted in different ways; method for evaluating the value of a supply … English contemporary dictionary**weighted average**— noun or weighted mean : an average of the values of a set of items to each of which is accorded a weight indicative of its frequency or relative importance … Useful english dictionary**weighted average**— noun An arithmetic mean of values biased according to agreed weightings. Syn: weighted mean … Wiktionary**weighted average**— /ˌweɪtɪd æv(ə)rɪdʒ/ noun an average which is calculated taking several factors into account, giving some more value than others … Marketing dictionary in english