65ers, take heed: do yourself a big favor and get your descriptive stats down stone cold for this exam. You'll want to know your mean from your median from your mode, and what it means when an analyst refers to a stock's range, standard deviation, and beta.
Here, we'll make it easy for you:
Mean is the average of two or more numbers. Calculating the mean is pretty simple, actually. Over a one-week period, a stock closed at $48, $49, $52, $51, and $54. What's the mean price for that one-week...
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