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SEC Form 4 OMB APPROVALUNITED STATES SECURITIES AND EXCHANGE COMMISSIONFORM 4Washington, D.C. 20549 OMB Number:32350287Estimated average burdenSTATEMENT OF CHANGES IN BENEFICIAL OWNERSHIPCheck this
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01
Gather the data (values and corresponding weights) that you will use to calculate the weighted average.
02
Multiply each value by its corresponding weight.
03
Sum up all the results from step 2.
04
Sum up all the weights.
05
Divide the result from step 3 by the result from step 4 to get the weighted average.

Who needs represents form weighted average?

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Students who are calculating their GPA.
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Businesses analyzing financial performance.
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The weighted average represents a mean where each number in the dataset contributes differently based on its weight, often used in financial calculations to provide a more accurate measure of central tendency.
Entities that must report their weighted average calculations for financial reporting, taxation, or regulatory compliance, usually including corporations, tax-exempt organizations, and partnerships.
To fill out the form, gather all relevant data, assign weights to each value, calculate the weighted average using the formula (Σ (value x weight) / Σ weights), and input the results into the designated fields on the form.
The purpose is to provide a standardized method for reporting averages that accounts for the relative importance of different components, ensuring more accurate and meaningful data representation.
The form generally requires reporting values, their corresponding weights, the total value after applying the weights, and any relevant financial or operational data that supports the calculation.
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