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.
A = average (or arithmetic mean) n = the number of terms (e.g., the number of items or numbers being averaged) x1 = the value of each individual item in the list of numbers being averaged. The following is the formula for the arithmetic mean, stated in a more readable and understandable form. A = average (or arithmetic mean) N = the number of terms (e.g., the number of items or numbers being averaged) S = the sum of the numbers in the set of interest (e.g., the sum of the numbers being averaged) One common trap that some students fall into is they automatically divide by 2.