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Explanation: In some scenarios, determining the weight of each value is rather straightforward, albeit arbitrary. Consider teachers who provide a syllabus clearly laying out the weight of various coursework totaling up to 100% of your final grade.
In other cases, the weight of each value is arrived at mathematically (we’ll cover a few such examples below). In stock trading, the amount of stock you buy represents the weight. When dealing with massive sets of statistical data, the weight of a variable is determined through the use of randomized data trees to ensure an unbiased distribution.
