25 September 2011
Weighted average is normal calculation example: Price:10,11,12,13,14,15 Units:2,3,6,7,9,8 here the weighted average calculation is (10x2)+(11x3)+(12x6)+(13x7)+(14x9)+(15x8)/((2+3+6+7+9+8)= Weighted avg. price is Rs.13.20
Moving average is need to be done with step by step as (10+11+12+13+14+15 )make one average and (11+12+13+14+15) make one average finally all the averages need to be done with average. make statistics formula for that