Averages
Averages
Core formulas:
Average = sum / count
Sum = average * count
New average = old average + change in total / count
Weighted average:
Combined average = (n1*a1 + n2*a2) / (n1 + n2)
Replacement:
If average of n numbers changes by d:
Total change = n*d
New item - old item = n*d
Fast checks:
- Average must lie between minimum and maximum.
- For consecutive equally spaced numbers, average is the middle value.
- If average is closer to one group average, that group has more weight.
Deviation method:
Average = assumed average + sum of deviations / count