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Question

Hi, if you have two values (say 0.5 and 1.5) and you want to find a weighted average of those two values that equaled 1 what is the best way of finding it?

Submitted: 307 days and 17 hours ago.
Category: Math
Value: $18
Status: CLOSED
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Accepted Answer


Hi

we have to find a and b (weights) where
0.5a + 1.5b=1
and a+b=1

then

0.5a+1.5(1-a)=1

then

-a+1.5=1 then a=0.5 then b=0.5

solution:

0.5(0.5)+0.5(1.5)=1

weights are 0.5 and 0.5 and values 0.5 and 1.5


Thanks

Steve

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Expert: Steve
Pos. Feedback: 100.0 %
Accepts: 
Answered: 1/19/2009

Teacher

I teach Calculus and Probability in an University since 1994

307 days and 16 hours ago.

Reply

Hi,

 

I'm not sure that I did myself any favours by using 0.5 and 1.5 as examples. Say instead that the values are 0.75 and 1.8. Once again I'm looking for combination of weightings that will deliver 1.

 

I've put the following into Excel and it comes out with an answer that is close to one but still not the elusive number 1.

 

 

1 = 0.762 x 0.75 + 0.238 x 1.8

 

Thanks

 

Toby

Posted by Steve 307 days and 16 hours ago.

Info Request

0.75a+1.8b=1
a+b=1

0.75a+1.8(1-a)=1

0.75a-1.8a+1.8=1
-1.05a=-0.8
a=80/105=16/21 then b=5/21

Weights are 16/21 and 5/21

Thanks

Steve

Any bonus is appreciated

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