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Weighted index number — Edexcel GCSE Statistics Definition | GradeGen

Home
Statistics
Key terms
Weighted index number

GCSE Statistics · key term

Weighted index number

Definition

An index that accounts for the relative importance of different items rather than treating them equally.

Used by Edexcel

How each exam board covers it

Edexcel GCSE Statistics · 1ST0

Specification 2d.01 · Paper 1, Paper 2

Revise: Index numbers

Edexcel Statistics past papers

Related key terms

Base period
Chain-based index number
Consumer Price Index (CPI)
Gross Domestic Product (GDP)
Index number

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Retail Price Index (RPI)