Sometimes, the 'standard' average doesn't take into account the scale or importance between the things being averaged. Enter weighted averages. Consider the following situations: a vendor sets the price for their wares as 10.00USD per unit for 9 or fewer units, 9.50USD per unit for 10-99 units, and 8 USD...
Currency conversion with atoti
Currency conversion is important. In an ever increasingly globalized world, businesses are more likely to record transactions in multiple currencies: a freelancer may charge according to the local currency of their latest project; a sales firm might send a team to potential clients in another country, and have to reimburse...