What Are The Different Types Of Averages. Averages can be calculated in different ways - this page covers the mean median and mode. However when were talking about a random distribution of values the type of average chosen can dramatically affect the value that is presented as the average.
Another type of mean that is used often in finance specifically when analyzing portfolio returns for a. Dec 05 2017 Figure 2 demonstrates. Adaptive Moving Average period - 12 fast EMA 2 slow EMA 30 shift 0 Double Exponential Moving Average period - 12 shift - 0 Fractal Adaptive Moving Average period - 12 shift - 0 Exponential Moving Average period - 12 shift - 0 Triple Exponential Moving.
Situations where calculating an average or range would help with decision making.
Lets say you weigh 150 lbs and are in an elevator with a 100lb kid and 350lb walrus. See which-mean-to-use-and-when for more sophisticated thoughts on the topic. However this scheme is quite limited. If only one number is left thats the median.
