Wtd averages Flashcards
1
Q
Explain to me, what is the factor that varies the weighting of the average
A
The total N. So no matter what the ASPs are, if we have 5 of x customer and 5 of y customers, the average will be just 50% of avgx and 50% of avgy. What will “sway” the teeter-totter will be precisely, whetehr we have more # of x or of y
