A hotel's overall rating is determined according to a weighted average of several categories. Each category is given a rating and a weighted factor. Below are the ratings for the "Happy Tourist" hotel:
Determine the hotel's overall rating?
A hotel's overall rating is determined according to a weighted average of several categories. Each category is given a rating and a weighted factor. Below are the ratings for the "Happy Tourist" hotel:
Determine the hotel's overall rating?
In order to determine the hotel rating, we must calculate an average.
Below is the weighted average formula:
(value A X weight percentage A)+(value B X weight percentage B)...
First, let's add up all the percentages:
Now we must multiply each factor by its weight percentage, convert the percentages to decimal numbers, and add them as follows:
We then proceed to solve the multiplication exercises:
Finally we add them up and obtain the following: 4.25 which is the hotel's overall rating.
4.25