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arithmetic mean



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Formally the arithmetic mean is known as the first moment of the distribution.

From Textbooks ● Nov. 29, 2017

The reason for this difference, 16 versus 23.6, is that the arithmetic mean is additive and thus does not account for the interest on the interest, compound interest, embedded in the investment growth process.

From Textbooks ● Nov. 29, 2017

In the case of the arithmetic mean this is solved by finding the value from which all points are equal linear distances.

From Textbooks ● Nov. 29, 2017

The arithmetic mean of these three numbers is 23.6 percent.

From Textbooks ● Nov. 29, 2017

In the construction of such an index number the use of the arithmetic mean is not imperative.

From Readings in Money and Banking Selected and Adapted by Chester Arthur Phillips



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