Which One of the Following Best Describes an Arithmetic Average

question 30

Multiple Choice

Which one of the following best describes an arithmetic average return?

• A)Total return divided by N - 1, where N equals the number of individual returns
• B)Average compound return earned per year over a multiyear period
• C)Total compound return divided by the number of individual returns
• D)Return earned in an average year over a multiyear period
• E)Positive square root of the average compound return

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Definitions:

Dome

A hemispherical vault; theoretically, an arch rotated on its vertical axis. In Mycenaean architecture, domes are beehive-shaped.

Barrel Vault

An architectural element forming a continuous arch and resembling a barrel or tunnel shape, which has been used since ancient times for constructing ceilings and passageways.

Sainte-Chapelle

A Gothic chapel in Paris, renowned for its stunning stained glass windows and considered a high point of the Rayonnant period of Gothic architecture.

Rayonnant

The “radiant” style of Gothic architecture, dominant in the second half of the 13th century and associated with the French royal court of Louis IX at Paris.