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.
Definition. Simple or arithmetic average of a range of values or quantities, computed by dividing the total of all values by the number of values. For example, the mean of 1, 2, 3, 4, and 5 is (15 Ã· 5) = 3.efinition. Simple or arithmetic average of a range of values or quantities, computed by dividing the total of all values by the number of values. For example, the mean of 1, 2, 3, 4, and 5 is (15 Ã· 5) = 3.