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A Weighted Moving Average Assigns the Average Value of a Set

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A weighted moving average assigns the average value of a set of data points to the center time period.


Definitions:

Economic Pie

A metaphor for the total amount of wealth or resources available in an economy that can be distributed among its participants.

Reward

A benefit or return that results from performing a particular action or behavior, often seen as a motivation.

Income Inequality

Refers to the uneven distribution of income among individuals in a society.

Recent Decades

A term referring to the last few decades up to the present, often used to discuss changes or trends in societal, technological, or environmental aspects over this period.

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