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Re: Average value traded by the investor [#permalink]
Can anyone explain this question?
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Re: Average value traded by the investor [#permalink]
GreenlightTestPrep Solution?????????
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Re: Average value traded by the investor [#permalink]
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Ok . Fixed teh OA

Thank you
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Re: Average value traded by the investor [#permalink]
Can anyone provide more detailed solution please?
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Re: Average value traded by the investor [#permalink]
Carcass wrote:
Ok . Fixed teh OA

Thank you

Carcass could you please explain how do you get the answer
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Average value traded by the investor [#permalink]
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Attachment:
Q1.png
Q1.png [ 127.84 KiB | Viewed 918 times ]


Since the question states

Approximately what was the average value traded per investor in the five categories for 2001 we have to care only of the red part of the graph

As such, it is a matter of a multiplication between the two values. Because the two values are already the average per single operation but we need the total average referring to the 5 categories above the red part (in the first half of the table

\(2,610 * 18 \approx 47,000\)

I hope this helps
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