Question

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?

Answer 1

$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.