In this article we construct an upper prediction limit for the arithmetic mean of a future sample from a lognormal distribution. First, we present three approximate distributions for the total of the ...

An unfortunate misinterpretation of Canadian case law has discouraged appraisers from using the arithmetic mean to average sale values. Appraisers should have no reservations about averaging sales ...

Marshall Hargrave is a stock analyst and writer with 10+ years of experience covering stocks and markets, as well as analyzing and valuing companies. Yarilet Perez is an experienced multimedia ...