The simple definition of a mean is that of a numeric quantity which represents the center of a collection of numbers. Here the trick lies in defining the exact type of numeric collection, as beyond ...

Kristina Zucchi is an investment analyst and financial writer with 15+ years of experience managing portfolios and conducting equity research. Charlene Rhinehart is a CPA , CFE, chair of an Illinois ...

An unbiased forecast of the terminal value of a portfolio requires compounding of its initial value at its arithmetic mean return for the length of the investment period. Compounding at the arithmetic ...

First in a series. We asked ChatGPT which method is the best for examining portfolio returns. Then we asked our expert. Editor’s note: Today, we begin a new series in which we ask ChatGPT questions ...

An unfortunate misinterpretation of Canadian case law has discouraged appraisers from using the arithmetic mean to average sale values. Appraisers should have no reservations about averaging sales ...