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Relative Importance Suite

Weighted Average Solver

Not all numbers are created equal. Use our solver to calculate the weighted mean for grades, portfolios, or inventory with precision.

Weight Configuration

Calculated Average

83.6

Total Weight

100

Data Points

3

Grade Weighting

Portfolio Balance

Understanding Weights

A weighted average is a calculation that takes into account the varying degrees of importance of the numbers in a data set.

The Formula

x̄_w = Σ (w_i * x_i) / Σ w_i

  • x_i = The value of the data point
  • w_i = The weight of the data point
  • Weights do NOT have to add up to 100%

Primary Use Cases

Academic Grading

Calculating final grades where the final exam counts for more than weekly quizzes.

Investment Portfolios

Determining the overall return of a portfolio based on the percentage of capital in each stock.

Business Inventory

Calculating Weighted Average Cost (WAC) for inventory valuation in accounting.

Expert Insight

In Finance, the **WACC** (Weighted Average Cost of Capital) is the most critical metric for determining if a company's investment is worth the risk.

Grade Example

The Data

Exam (90%)Score: 70
Quiz (10%)Score: 100

The Result

73.00

Even though you aced the quiz (100), the exam (70) pulls the average down significantly because it carries more weight.