Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...
The median is the middle value. Together with the range, averages are used to summarise data. The most appropriate average to use depends on the data values, and what conclusions need to be made.
Averages are used all the time in finance, usually to justify performance (above average'). However, as an investor, youshould realise there are several ways to calculate an average.The three most ...
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