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![]() ![]() Jan product B: 11 K/month * 1 month * 45 Euros = 495 000 Eurosįeb product B: 55.7 K/month * 1 month * 60 Euros = 3342 000 Euros Then the totals paid in the three months are Jan product A: 100 K/month * 1 month * 23 Euros = 2300 000 Euros Adopting hypothetical units of measurement in order to make the numbers concrete, and pretending that all three records are to be summarized (even though they pertain to two different products), suppose the data give volumes in thousands of units sold per month and the prices are in Euros. When dealing with such weights, it's easiest to compute totals first. These are descriptive statistics intended to convey information about price ( p) where "volume" ( q) apparently describes how much was sold at each price.
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