Describe and explain how blumes formula can be used

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Which mean (average), arithmetic or geometric, is best as a measure of central tendency and why?

Describe and explain how Blume's formula can be used?

How do you calculate the population and sample standard deviation and variance assuming equal weights? Historical data?

Describe and explain the standard deviation and variance and how are they used.

What is the coefficient of variation, how is it used, and how is it calculated?

Reference no: EM13281416

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