Understanding 'Weight' and Weighted Average
Generally, if $n$ numbers $x_1, x_2, \cdots, x_n$ have respective weights $w_1, w_2, \cdots, w_n$, then:
$\frac{x_1w_1 + x_2w_2 + \cdots + x_nw_n}{w_1 + w_2 + \cdots + w_n}$
is called theWeighted Average. Weight (weight) represents the importance of a data point. The higher the weight, the stronger its influence on the final average (just like a heavier weight on a physical balance pulls the fulcrum closer).
Suppose contestant A scores very high in content but slightly lower in stage effect. If using 'arithmetic mean', they might tie with contestant B, whose scores are average across all categories. But if we assign a weight of 0.5 to 'content' and 0.2 to 'effect', contestant A’s weighted score will surpass due to their core strength. The weighted average truly reflects the specific value orientation in talent selection.
Frequency as Weight: Handling Grouped Data
When analyzing large-scale data (e.g., 'Example 6: Monthly Sales at Department Store' or age survey of divers), the same values appear multiple times. At this point, the number of occurrences (frequency) naturally becomes the weight for that value.
When calculating the average of $n$ numbers, if $x_1$ appears $f_1$ times, $x_2$ appears $f_2$ times, ..., $x_k$ appears $f_k$ times (where $f_1 + f_2 + \cdots + f_k = n$), then the average of these $n$ numbers:
$\bar{x} = \frac{x_1f_1 + x_2f_2 + \cdots + x_kf_k}{n}$
is also called the weighted average of these $k$ numbers, where $f_1, f_2, \cdots, f_k$ are referred to as the weights of $x_1, x_2, \cdots, x_k$. This method filters out the impact of individual extreme sales spikes, accurately reflecting the general performance of most staff, thus enabling the creation of incentive programs that are both challenging and realistic.
The Wisdom of Midpoint Approximation
When data is roughly grouped into different intervals, we lose the exact individual values. At this point, themidpointrefers to the average of the two endpoints of the interval. For example, multiplying the midpoint by the frequency within the interval forms the classic weighted calculation pattern:
$\bar{x} = \frac{11 \times 3 + 31 \times 5 + 51 \times 20 + 71 \times 22 + 91 \times 18 + 111 \times 15}{3 + 5 + 20 + 22 + 18 + 15}$