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

Graph and algebraic methods , To answer each question, use the function t(r...

To answer each question, use the function t(r) = d , where t is the time in hours, d is the distance in miles, and r is the rate in miles per hour. a. Sydney drives 10 mi at a c

Square and square root., the value of square root of 200multiplied by squar...

the value of square root of 200multiplied by square root of 5=

Marketing question, If a country with a struggling economy is losing the ba...

If a country with a struggling economy is losing the battle of the marketplace, should the affected government adjust its trade barriers to tilt the economic advantage of its domes

How much is invested at 8% if the total amount of interest, Kevin invested ...

Kevin invested $4,000 in an account which earns 6% interest per year and $x in a different account that earns 8% interest per year. How much is invested at 8% if the total amount o

If 1/x+2, if 1/x+2, 1/x+3, 1/x+5 are in AP find x Ans 1/x+2,1/x+3, 1/x+5...

if 1/x+2, 1/x+3, 1/x+5 are in AP find x Ans 1/x+2,1/x+3, 1/x+5 are in AP find x. 1/x+3 - 1/x+2 = 1/x+5-1/x+3 =>  1/x 2 +5x+6  = 2/ x 2 +8x +15 =>  On solving we get x

Demerits and merits -the arithmetic mean or a.m, Demerits and merits of the...

Demerits and merits of the measures of central tendency The arithmetic mean or a.m Merits i.  It employs all the observations given ii. This is a very useful

Matrix, cramers rule introduction

cramers rule introduction

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