Eclectic programming and mathematics postings
Alex:Thank you for your weighted average example for trading shares. I like it. I am a federal employee working for a federal agency in Gaithersburg, Maryland. I need to use weighted average to calculate an average cost of hotel for a traveler in U.S. cities that have seasonal hotel rates. For example, Miami, FL. has hotel rates for June, July, and August at $225/night; it has a rate of $125/night for Jan. and Feb. and a rate of $175 for all other months. Do you have any suggestions for a formula I could use to calculate this weighted average? Thank you.
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