The weight changes from place to place as the weight is a vector quantity as well as a dependent quantity. Therefore, weight seems to be varying but the inertia is not.
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The weight as already known well, is not a universal constant, whereas the mass is. As the weight is a product of mass of the body and the gravitational acceleration working on it, it varies as the factor of acceleration involved makes it a vector quantity.
And thus be dependent upon the direction too. Inertia of the body is an independent factor, on the other hand, an inherent property and so does not change.
Explanation: simply put the magnitude of the speed is a function of Distance while the magnitude of velocity is a function of Displacement. Displacement is the average Distance moved in different directions which will be smaller in magnitude compared to the Total Distance used the calculating the magnitude of speed.
My answer is when the ball is going it experience kinetic energy which is the energy of a moving object while when the ball has stopped then it will have potential energy which means it's at rest so for the ball not to experience friction then there is a gain in kinetic energy and decrease in potential energy.