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Weighted average

• An average in which each number to be averaged is assigned a weight that determines the relative importance of each figure on the overall average. Weighted averages are often used to assign greater weight to more recent data, on the assumption that older data may be less applicable to current conditions.

 
 

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Beware of fraud originating in phone messages and faxes: FDIC Consumer News has warned before about crooks who call or e-mail consumers and pretend to be legitimate companies or government agencies wanting people to "verify" or "resubmit" (divulge) confidential information such as bank account or credit card numbers as well as Social Security numbers, passwords and personal identification numbers. Here are variations to know about. More...

There's a saying among prospectors: "Go out looking for one thing, and that's all you'll ever find." - Robert Flaherty

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