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Basile [38]
3 years ago
7

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 fou

r years?
Business
1 answer:
Sphinxa [80]3 years ago
6 0

Answer:

$375

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=\dfrac{200+500+100+700}{4}\\\\M=\$ 375

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

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