That is, when price takers make orders, they must accept the price offered by another investor. A price taker may be an individual or a (small) company. A price taker contrasts with a price maker, which makes orders of sufficient quantity to affect the market price. price taker.
(July 2013) In mathematics and statistics, the arithmetic mean (/ËÃ¦rÉªÎ¸ËmÉtÉªk ËmiËn/), or simply the mean or average when the context is clear, is the sum of a collection of numbers divided by the number of numbers in the collection. The collection is often a set of results of an experiment, or a set of results from a survey.
Average and Mean are the same thing. They are the sum of the numbers divided by the number of numbers. The Median is just the number in the middle of the group of numbers. For example, in the number group 1, 2, 6 the number 2 is the median. But the average is (1+2+6)/3 = 3.