Sometimes the variables are associated with various weights and in those cases the A.M. can be calculated, such an arithmetic mean is known as Weighted Arithmetic Mean (W.A.M.).
For example, let us assume that the variable x1 is associated with the weight w1 , x2 is associated with the weight w2 etc. and finally, xn is associated with the weight wn then
Example 1 :
Find the weighted A.M of the price for the following data
Food stuff Rice Sugar Oil |
Quantity (in kg) wi 25 12 8 |
Price per kg (in $) xi 30 30 70 |
Solution :
Here the x-values are the price of the given food stuff and the weights associated are the quantities (in Kg)
Then, the Weighted arithmetic mean
= (w1x1 + w2x2 +.......+ wnxn) / (w1 + w2 +.......wn)
= (25 ⋅ 30) + (12 ⋅ 30) + (8 ⋅ 70) / (25 + 12 + 8)
= (750 + 360 + 560) / 45
= 1670 / 45
= $37.11
Example 2 :
For a month, a family requires the commodities listed in the table below. The weights to each commodity is given. Find the Weighted A.M.
Commodity Rice Wheat Pulses Vegetables Oil |
Weight (in kg) 25 5 4 8 3 |
Price per kg (in $) 30 20 60 25 65 |
Solution :
Here the x-values are the price of the given food stuff and the weights associated are the quantities (in Kg)
Then, the Weighted arithmetic mean
= (w1x1 + w2x2 +.......+ wnxn) / (w1 + w2 +.......wn)
= (25⋅30) + (5⋅20) + (4⋅60) + (8⋅25) + (3⋅65) / (25 + 5 + 4 + 8 + 3)
= (750 + 100 + 240 + 200 + 195) / 45
= 1485 / 45
= $33
Example 3 :
Find the Weighted A.M for the following data
Item Powder Soap Pen Instrument box |
Number of item 2 4 5 4 |
Cost of item $45 $12 $15 $25.50 |
Solution :
Here the x-values are the number of items and the weights associated are cost of item in $.
Then, the Weighted arithmetic mean
= (w1x1 + w2x2 +.......+ wnxn) / (w1 + w2 +.......wn)
= (2⋅45) + (4⋅12) + (5⋅15) + (4⋅25.50) / (2 + 4 + 5 + 4)
= (90 + 48 + 75 + 102) / 15
= 315 / 15
= $21
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