• Glossary Link
Wednesday, August 17, 2022
Glossary
  • Login
No Result
View All Result
No Result
View All Result
Glossary
No Result
View All Result

Weighting

by Glossary
June 18, 2021
in W
0

A statistical method for combining numerical data from more than one source into a single value. Each value from a given source is usually multiplied by a factor (its “weight”) which has been judged by the person producing the statistic to represent the importance of that factor in relation to the importance of the other factors going into the single final value. A simple example of the importance of weighting is found when it is necessary to “average averages” (it is usually stated that “you must NOT average averages”). For example, if a group of people was made up of 100 women with average height of 5 feet and 200 men with average height of 6 feet, it would be incorrect to simply add the two averages and divide by 2 (since there are two values going into the total): 5+6/2=5.5 feet (5’6″). “The correct method is one of weighting: 5×100 + 6×200 = 1200. Then 1200 is divided by 300 (total persons). The weighted average is 5.66 feet (5’8).


 

Previous Post

Voluntary hospital system

Next Post

Well-baby care

Next Post

Well-baby care

No Result
View All Result

Browse

  • A
  • B
  • C
  • D
  • E
  • F
  • G
  • H
  • I
  • J
  • K
  • L
  • M
  • N
  • O
  • P
  • Q
  • R
  • S
  • T
  • U
  • V
  • W
  • X
  • Y
  • Z
  • Glossary Link

© 2021 Glossary by www.healthbenefitstimes.com.

No Result
View All Result
  • Glossary Link

© 2021 Glossary by www.healthbenefitstimes.com.

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In