Arithmetic Mean
外汇网2021-06-19 14:35:07
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A mathematical repsentation of the typical value of a series of numbers, computed as the sum of all the numbers in the series pided by the count of all numbers in the series. Arithmetic mean is commonly referred to as "average" or simply as "mean".
Suppose you wanted to know what the arithmetic mean of a stock's closing price was over the past week. If during the five-day week the stock closed at $14.50, $14.80, $15.20, $15.50, and then $14.00, its arithmetic mean closing price would be equal to the sum of the five numbers ($74.00) pided by five, or $14.80.
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