Geometric mean-geometric progression, Mathematics

Assignment Help:

Geometric mean

- It is a measure of central tendency normally utilized to measure industrial increases rates.

- It is explained as the nth root of the product of 'n' observations or values

                                                 1254_Geometric mean.png

'Illustration

In year 1995 five firms registered the given economic growth rates; 26 percent, 32 percent, 41 percent, 18 percent and 36 percent.

Required

Estimate the GM for the above values

                                                                 268_Geometric mean 1.png

No. Log

 

26

1.4150

32

1.5052

41

1.6128

18

1.2533

36

1.5563

 

7.3446

 

Hence Log of GM = 1/5 x 7.3446

= 1.46892

Then GM = Antilog of 1.46892

                 = 29.43


Related Discussions:- Geometric mean-geometric progression

Dilemmas of america''s minority groups, Explain this statement " As we begi...

Explain this statement " As we begin the 21st century, the dilemmas of America's minority groups remain perhaps the primary unresolved domestic issue facing the nation." How might

Solve the second order differential equations, Solve the subsequent IVP ...

Solve the subsequent IVP Y'' - 9 y = 0, y(0) = 2, y'(0) = -1 Solution First, the two functions  y (t ) = e 3t  and  y(t ) = e -3t That is "nice enough" for us to

Compound interest, A juicer is available for 3500 cash but was sold under i...

A juicer is available for 3500 cash but was sold under installment plan where the purchaser agreed to pay 1500 cash down and 3 equal quarterly installments. If the dealer charges i

Market testing, what are the dangers of not market testing a product

what are the dangers of not market testing a product

Example of one-to-one correspondence, An educator placed 10 pebbles in a ro...

An educator placed 10 pebbles in a row and asked four-year-old Jaswant to count how many there were. She asked him to touch the pebbles .while counting them. Jaswant counted the pe

Solving geometry using algebra, if one side of a square is increased 4 inch...

if one side of a square is increased 4 inches and an adjacement side is multiplied by 4, the perimeter of the resulting rectangle is 3 times the perimeter of the square. find the s

Sequencing., how to select out time for m2

how to select out time for m2

Some important issue of graph, Some important issue of graph Before mov...

Some important issue of graph Before moving on to the next example, there are some important things to note. Firstly, in almost all problems a graph is pretty much needed.

Find the equation of circle concentric – coordinate geometry, 1. A point P(...

1. A point P(a,b) becomes (3,c) after reflection in x - axis, and (d,6) after reflection in the origin. Show that a = 3, b = - 6, c = 6, d = 2 2. If the pair of lines ax² + 2pxy

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd