Averages are used all the time in finance, usually to justify performance (above average'). However, as an investor, youshould realise there are several ways to calculate an average.The three most ...
It may be useful to compare two sets of data using the mean, mode or median in order to draw conclusions about the information presented. You may be choosing one measure over another for its accuracy ...
The mean is the most common type of average we use. To calculate the mean you add all the values together and divide by the total number of values.
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