answersLogoWhite

0

It is called an average because it originally was computed by taking the stock prices, adding them together, and dividing them by the number of stocks.

User Avatar

Wiki User

14y ago

Still curious? Ask our experts.

Chat with our AI personalities

ViviVivi
Your ride-or-die bestie who's seen you through every high and low.
Chat with Vivi
RafaRafa
There's no fun in playing it safe. Why not try something a little unhinged?
Chat with Rafa
SteveSteve
Knowledge is a journey, you know? We'll get there.
Chat with Steve

Add your answer:

Earn +20 pts
Q: Why is the DJIA called an average?
Write your answer...
Submit
Still have questions?
magnify glass
imp