A portfolio includes shares of United Airlines stock that were purchased at different times and different prices.
Question:
A portfolio includes shares of United Airlines stock that were purchased at different times and different prices. Which measure is best to determine the average cost of the shares of the stock?
a. Mean
b. Median
c. Weighted mean
d. Standard deviation
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The correct answer is c Weighted mean In order to determine the average cost of ...View the full answer
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