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.
The mean is the average you're used to, where you add up all the numbers and then divide by the number of numbers. The median is the middle value in the list of numbers. To find the median, your numbers have to be listed in numerical order, so you may have to rewrite your list first.The mode is the value that occurs most often. If no number is repeated, then there is no mode for the list.The range is just the difference between the largest and smallest values.ust remember the following: mean: regular meaning of average median: middle value mode: most often. (In the above, I've used the term average rather casually. The technical definition of average is the arithmetic mean: adding up the values and then dividing by the number of values.