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Divisor |
Also found in: Dictionary/thesaurus, Encyclopedia, Wikipedia, Hutchinson | 0.01 sec. |
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Divisor Used in construction of stock indices. Suppose there 10 stocks in an index, each worth $10 and the index is at 100. Now suppose that one of the stocks must be replaced with another stock that is worth $20. If no adjustment is made to the divisor, the total value of the index would be110 after the swapping. yet there should be no increase in value because nothing has happened other than switching the two constituents. The solution is to change the divisor; in this case from 1.00 to 1.10. Note that the value of the index, 110/1.1, is now exactly 100 - which is where it was prior to the swap. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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? Mentioned in | ? References in periodicals archive | ||
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| In Schuh's game, two players agree on a large number, then make a list of all the divisors of the number, including the number itself but excluding 1. These tasks provided the participants with the opportunity to explore concepts related to elementary number theory, such as factors, divisors, divisibility, prime numbers, and reexamine their understanding of these concepts in an environment that supported experimentation and visualization. However, they were not fluent in multiplying and dividing numbers especially dividing fractions and dividing numbers with more than one digit divisors. |
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