...or midpoint of a midpoint if you will.
I have 2 values: 3.64 and 2.18. I would like to find the value that's 1/4 of the way to 3.64. (as you can tell I'm not very proficient in math)
So far what I've come up with is: $$\frac{\frac{3.64+2.18}{2}+2.18}{2}=2.545$$ or $$\frac{\frac{x+y}{2}+y}{2}=2.545$$
2.545 is the desired result. My question is if I'm going about this the right way? I feel I might be overcomplicating this, or that my logic is wrong.
Use a weighted mean: $$\frac{3}{4}\times2.15+\frac{1}{4}\times3.64 = 2.545. $$
The important thing is that the weights add up to one, i.e. $3/4+1/4 = 1.$