Based on data from Table 61 for the 10 years of the 1990s ending in 1999, the

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Based on data from Table 6‐1 for the 10 years of the 1990s ending in 1999, the arithmetic mean is calculated in Table 6‐3: 

X=[-3.14 + 30.00++20.87]/10 = 187.63/10 = 0.1876 or 18.76%

Table 6‐1

TABLE 6-1 Historical Composite Stock Price Index, Based on Standard & Poor's 500 Index, Dividends in Index

Table 6‐3

TABLE 6-3 Calculation of the Arithmetic and Geometric Mean for the Years 1990-1999 for the S&P 500 Stock

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Investments Analysis And Management

ISBN: 9781118975589

13th Edition

Authors: Charles P. Jones, Gerald R. Jensen

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