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Ayesha is leading a group to develop a prototype for a new product. She has chosen three people to work with her. Ben and Tom are good friends and socialize on the weekend. They are both very creative. Julian is older than Ben and Tom, but they have worked together before and been quite productive. Julian is organized. Ayesha has never worked with any of the men, but knows the product well. She brings the highest level of expertise. Which of the following statements best describes Ayesha's group?
Mean
The average of a set of numbers, calculated by adding all the numbers together and dividing by the count of the numbers.
Sample Data
A subset of data selected from a larger population, used for statistical analysis.
Geometric Mean
The nth root of the product of n numbers, used to calculate average rates of return or growth over time.
Closing Stock Price
The final price at which a stock is traded during a trading session on a stock exchange.
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