weighted average

  1. S

    Can a ratio of performance be used to measure dependence and assign weights in a weighted average?

    With only a modest grasp of inferential stats and maths in general, I've been wondering how one might derive the weights for a weighted average from a variable that isn't as straightforward as a frequency score. Consider the following scenario. Let's say I have measurements of effectiveness for...
  2. M

    Should I use some sort of Chi Square Distribution or another method... Any assistance is greatly appreciated.

    I am asking for assistance or guidance to point me in the right direction for this problem I am trying to find a solution. Problem: I need to come up with a percentage to show a Severity of Defects for monthly software releases at my company. Each month our customers inform us of bugs/issues...
  3. M

    Chi Square & Weighted Average

    I am asking for assistance or guidance to point me in the right direction for this problem I am trying to find a solution. Problem: I need to come up with a percentage to show a Severity of Defects for monthly software releases at my company. Each month our customers inform us of bugs/issues...
  4. D

    Which Recommendation Algorithm for Sending Offers to Clients?

    We are trying to identify which offers to send to our clients through email. Suppose we have offers with the following data: Offers: [ {
 id: 1, countriesVisited: { France: 2 Italy: 34 Germany: 7 }, tourQualities: { First-class: 12, Economy: 31 } }, {
 id: 2, countriesVisited: { Italy: 6...
  5. J

    Pension calculation: can you help deternine if this is methodologically adequate?

    Hi, Thanks for taking to the time to check my post. Since this is a longish post, here is my question in a nutshell (read on for context and greater detail): “Would applying a weighted average formula twice, to two subsets of a group (so, once for each subset) (method A), instead of...
  6. D

    Weighted Average

    Hi, I am a new member to this community and am having trouble calculating the weighted average of my dataset. Granted, I am a beginner in R barely scratching the surface of R and am trying to learn it as much as I can. I know what I want the outcome to be, I don't know where to start with...
  7. J

    increasing the statistical significance of outliers

    Can someone give me some assistance on the use case below? Summary To create a Key Performance Indicator (as a percent of server utilization where 0% is the best and 100% the worst) that will alert a user when one or more servers in a 30 server environment needs attention. Details Each...
  8. R

    Basic Weighted Average Question

    I have a simple weighted average question and I hope it’s not too basic for this forum. Let us say I have a scaling score from 1 to 10, in increments of 1. So: 1 2 3 4 5 6 7 8 9 10 And for each of those scores I have a population of 10. 10 10 10 10 10 10 10 10 10...