The following measurements represent the gain or loss in the daily closing price of a security for ten consecutive days: -1, 3, 4, 1, 0, -4, -3, 2, -1, 1
The mean gain or (loss)was _____
A)0.20
B)0.22
C)2.00
D)3.22
E)5.80

Question

Quizplus · Accepted Answer

The mean is calculated by summing all the values and dividing by the number of values: (-1 + 3 + 4 + 1 + 0 - 4 - 3 + 2 - 1 + 1) / 10 = 0.20.

The Following Measurements Represent the Gain or Loss in the Daily