Word: divisor
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Minimum Remaining Age Divisor Withdrawal Total...
...after-hours classes held at Martin Luther King Jr. High School. On a recent afternoon, he was at the blackboard trying to figure out fractions. "Which one is the numerator?" the teacher asked. He pointed to it and then, on cue, to the dividend, the quotient, the remainder, the divisor, the denominator. His fellow cast members gazed intently at the blackboard chalked full of figures. On the wall was a poster from another Broadway play, For Colored Girls Who Have Considered Suicide/ When the Rainbow Is Enuf...
Fussell commits some glaring acts of omission as well. The special status of political leaders, heads of corporation, celebrities and the most successful criminals is ignored. He begs off discussing religion as a class indicator and totally neglects race, the great divisor...
...being divided by the number of stocks. In its first year (1896), the prices added up to $491, which was divided by twelve, the number of industrials then listed, to yield an average of 40.94. Over the years, the number of stocks listed rose to 30, but not the divisor. In fact, each time a split or stock dividend occurred, the divisor was lowered, otherwise the Dow would have dropped abruptly without a corresponding decline in the stocks' intrinsic worth...
Critics argue that the Dow-Jones is inflated, exaggerated and inaccurate-and they are partly right. It is the sum of only 30 selected stocks, ranging alphabetically from Allied Chemical to Woolworth; that sum is then divided by a divisor (currently 2.245) to adjust for past stock splits and dividends. Not only is the Dow a severely limited gauge of the 1,625 stocks on the Big Board, but it gives undue power to higher-priced stocks. Example: Du Pont is only one-sixth the size of General Motors, but carries more than twice as much weight...