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The phrase "weighted average of" is correct and usable in written English.
It is used to describe a number that results from combining two or more sets of numbers, each of which has been assigned a different weight or value depending on its importance. For example: "The evaluation results were based on a weighted average of the student's test scores and participation grade."
Exact(58)
In 1998, his investments rose by a weighted average of about 18percentt, Ms. Lintz said.
Life expectancy is a weighted average of death rates from all causes.
The site quotes a "weighted average" of 10.58% Lender investors 2,472 members, of whom 1,166 have committed funds.
MaxMyInterest's clients receive 0.75% to 1.05%, with a weighted average of almost 1%.
In practice this means using a weighted average of fairly recent unemployment rates.
A weighted average of the results is then estimated.
Expected probability is a weighted average of all individual probabilities.
Step 3: Compute the linguistic weighted average of the assessments.
It computes the weighted average of sensitivity and precision [40].
(i.e., the weighted average of single penalties, UUR, across loops).
Similar(1)
An automaker's CAFE number is a sales-weighted average of mileage for its light-vehicle fleet.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com