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A stock you own earned: $200, $500, $100, and $700 over the last four years. What was the mean annual gain in value over the four years?

User Patrick Q
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1 Answer

2 votes

Answer:

$375

Step-by-step explanation:

A stock you own earned: $200, $500, $100, and $700 over the last four years.

We need to find the annual gain in value over the four years. We know that,

Mean = sum of observations/total no. of observations

Put all the values,


M=(200+500+100+700)/(4)\\\\M=\$ 375

So, the required mean annual gain is equal to $375.

User LightningStryk
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