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

Fractions, a boy is six months old his sister was given birth to three mont...

a boy is six months old his sister was given birth to three month after him. if their cousin is 0.33years old, arrange their ages in ascending order

Series solutions to differential equations, Before searching at series solu...

Before searching at series solutions to a differential equation we will initially require to do a cursory review of power series. So, a power series is a series in the form, .

How many baseball cards does peter now have, Peter purchased 14 latest base...

Peter purchased 14 latest baseball cards for his collection. This increased the size of his collection through 35%. How many baseball cards does Peter now have? First, you must

Area, area of r=asin3x

area of r=asin3x

Lcm, what is the LCM of 4, 6, 18

what is the LCM of 4, 6, 18

Do all our activities involve mathematics?, Do All Our Activities Involve M...

Do All Our Activities Involve Mathematics? :  The answer to this is 'yes' and 'no'. For those who look for mathematics and know where to look for it, it is 'yes'. For those who do

Shoppers'' stop, How should shoppers''stop develop its demand forecasts?

How should shoppers''stop develop its demand forecasts?

Probability - applications of integrals, Probability - Applications of inte...

Probability - Applications of integrals In this final application of integrals that we'll be looking at we are going to look at probability.  Previous to actually getting into

Algebraic word problems, Algebraic Word Problems: Equations: 1....

Algebraic Word Problems: Equations: 1. The total electrical output of one nuclear facility is 200 megawatts more than that of another nuclear facility. Let L be the

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