Weightage Average Calculator

A weighted average is a type of average where each value in a dataset is multiplied by a weight that reflects its relative importance. The formula for calculating a weighted average is

Weightage Average = ∑_i=1ⁱ⁼ⁿ W_i*X_i / ∑ W_i

This means that each data point is multiplied by its corresponding weight, and then all the weighted values are summed up. The sum of the weights is then used to divide the total weighted sum, giving a more accurate average when some values are more important than others.

This calculator is designed to help you quickly and easily compute the weighted average for any set of data. Whether you’re working with grades, investment returns, or any situation where some values carry more weight than others, this tool allows you to enter your data values and their weights. The calculator will automatically compute the weighted average, display the formula used, and show you the result. You can add as many data points as needed, making it flexible for a variety of use cases like calculating weighted grades, portfolio performance, or project scores with different weightings. It’s a fast, accurate, and user-friendly way to perform weighted average calculations.