A change in a high-priced stock's value has a greater impact on the Dow Jones Industrial Average than a change in a low-priced stock.

Name: A change in a high-priced stock's value has a greater impact on the Dow Jones Industrial Average than a change in a low-priced stock.
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Price-weighted averages tend to give a higher weighting bias to high-priced stocks than to low-priced stocks, since the price of the high-priced stock contributes a higher dollar amount to the average.

A Change in a High-Priced Stock's Value Has a Greater