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Possible Answers:
PAR.
Last seen on: Canadiana Crossword Answer List October 17, 2022
Random information on the term “Average”:
The average absolute deviation (AAD) of a data set is the average of the absolute deviations from a central point. It is a summary statistic of statistical dispersion or variability. In the general form, the central point can be a mean, median, mode, or the result of any other measure of central tendency or any reference value related to the given data set. AAD includes the mean absolute deviation and the median absolute deviation (both abbreviated as MAD).
Several measures of statistical dispersion are defined in terms of the absolute deviation.The term “average absolute deviation” does not uniquely identify a measure of statistical dispersion, as there are several measures that can be used to measure absolute deviations, and there are several measures of central tendency that can be used as well. Thus, to uniquely identify the absolute deviation it is necessary to specify both the measure of deviation and the measure of central tendency. Unfortunately, the statistical literature has not yet adopted a standard notation, as both the mean absolute deviation around the mean and the median absolute deviation around the median have been denoted by their initials “MAD” in the literature, which may lead to confusion, since in general, they may have values considerably different from each other.
Random information on the term “PAR”:
Par value, in finance and accounting, means stated value or face value. From this come the expressions at par (at the par value), over par (over par value) and under par (under par value).
A bond selling at par is priced at 100% of face value. Par can also refer to a bond’s original issue value or its value upon redemption at maturity.
The par value of stock has no relation to market value and, as a concept, is somewhat archaic.[when?] The par value of a share is the value stated in the corporate charter below which shares of that class cannot be sold upon initial offering; the issuing company promises not to issue further shares below par value, so investors can be confident that no one else will receive a more favorable issue price. Thus, par value is the nominal value of a security which is determined by the issuing company to be its minimum price. This was far more important in unregulated equity markets than in the regulated markets that exist today,[when?] where stock issuance prices must usually be published. The par value of stock remains unchanged in a bonus stock issue but it changes in a stock split.