This means the weighting is Distributed Evenly (DE), in weighting, everything must equal 100% so if you have three entities in an application then its 33% each, for 4 entities it is 25% each. If one entity goes down then the APPLICATION would read Degraded to say 66% or 75%
You can replace DE with a number so lets say 33 for each component.
You can also replace it with CR, which means critical. If one entity within the APPLICATION goes down then the whole APPLICATION will go down. It will not be measured as degraded but completely down.