The average price for these Dow Jones stocks from 1927 to 1929 is equal to $238.59.
Based on the information obtained from Dow Jones stock website, the price of stocks for the given years are:
1927 = $176.07
1928 = $226.17
1929 = $313.54
Mathematically, the average price for these stocks would be calculated by using the following formula:
Average price = [F(x)]/n
Average price = [176.07 + 226.17 + 313.54]/3
Average price = 715.78/3
Average price = $238.59.
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