The Arithmetic Mean
Following an overview of the mean, the median and the mode. Abdulla focuses on the arithmetic mean to determine its value as an appropriate measure.
Overview
The arithmetic mean is a simple yet important calculation. Using this calculation requires the cognisance of outliers and the best method to most accurately represent the data.
Key learning objectives:
Understand the arithmetic mean
Apply the arithmetic mean to finance
Summary
Expert
Abdulla Javeri
Abdulla’s career in the financial markets started in 1990 when he entered the trading floor of the London International Financial Futures Exchange, LIFFE, and qualified as a pit trader in equity and equity index options. In 1996, Abdulla became a trainer for regulatory qualifications and then for non-exam courses, primarily covering all major financial products.
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