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

Payoff Matrix, A farmer grows apples on her 400-acre farm and must cope wit...

A farmer grows apples on her 400-acre farm and must cope with occasional infestations of worms. If she refrains from using pesticides, she can get a premium for "organically grown"

How to subtract fractions involving negative numbers, Q. How to Subtract fr...

Q. How to Subtract fractions involving negative numbers? Ans. This is the same as adding them, but just remember the rule that two negatives on the same fraction cancel ou

How is probability distribution of random variable construct, How is the pr...

How is the probability distribution of a random variable constructed? Usually, the past behavior of the variable is studied and the frequency distribution of the past data is form

Inverse sine, Inverse Sine : Let's begin with inverse sine.  Following is ...

Inverse Sine : Let's begin with inverse sine.  Following is the definition of the inverse sine. y = sin -1 x         ⇔     sin y = x                for - ?/2 ≤ y ≤ ?/2 Hen

Solution set of equation, The complete set of all solutions is called as th...

The complete set of all solutions is called as the solution set for the equation or inequality.  There is also some formal notation for solution sets.  We have to still acknowledge

Repeated eigenvalues, It is the last case that we require to take a look at...

It is the last case that we require to take a look at. During this section we are going to look at solutions to the system, x?' = A x? Here the eigenvalues are repeated eigen

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