A mean computed in such a way that each data value is given a weight reflecting its importance is referred to as
A)an important mean
B)a trimmed mean
C)a weighted mean
D)a heavy mean

Question

Quizplus · Accepted Answer

A weighted mean is a mean that takes into account the importance or weightage of each data point. It is calculated by multiplying each data point by its weight and then dividing the sum of all the weighted data points by the sum of the weights. The weights can be given based on various factors such as the sample size, the variability of the data, or the importance of the data point. The other options are not valid terms in statistics.

A Mean Computed in Such a Way That Each Data