Arithmetic means is the sum of all numbers divided by the total number count to find a center number or average. This is easy to calculate with simple finance and math skills.
Let’s take 50,55,60,65 and 70. Their sum is 300. To find the average or central tendency, divide 300 by 5. The Arithmetic mean is 60.
In finance, the arithmetic mean is widely used. You are interested to calculate the average closing price of a particular stock in a month. You will take the daily closing price of the stock and divide it by the total no of active trading.
Answer the following; a. What is an equity
A Human Resources manager at Metal Technologies studied the overtime hours of
The data below is the nitrogen content of soil specimens collected in
A mail-order company counted the number of incoming calls per
The annual incomes of the five vice presidents of TMV Industries are
Referring to Exercise 43, the annual report of Dennis Industries also
Dole Pineapple Inc. is concerned that the 16-ounce can
Calculate the annual arithmetic mean and geometric mean return on the following
Trudy Green works for the True-Green Lawn Company. Her
Explain when to use the arithmetic mean and when to use the
