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.
An arithmetic mean is a fancy term for what most people call an average.. When someone says the average of 10 and 20 is 15, they are referring to the arithmetic mean. The simplest formula for a mean is the following: Add up all the numbers you want to average, and then divide by the number of items you just added.