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 average of 10, 20 and 24 is (10 + 20 + 24)/3 = 18. average(Noun) Any measure of central tendency, especially any mean, the median, or the mode (see Usage notes below). average(Noun) An indication of a player's ability calculated from his scoring record, etc. batting average. average(Verb) To compute the arithmetic mean of. If you average 10, 20 and 24, you get 18. average(Verb) Over a period of time or across members of a population, to have or generate a mean value of.