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

Vector form of the equation of a line, Vector Form of the Equation of a Lin...

Vector Form of the Equation of a Line We have, → r = → r 0 + t → v = (x 0 ,y 0 ,z 0 ) + t (a, b, c) This is known as the vector form of the equation of a line.  The lo

Determine probability , You are going on a road trip and you buy snack pack...

You are going on a road trip and you buy snack packs and three different kind of beverages.  You buy 7 Cokes, 5 Pepsis and 4 Dr. Peppers.  You pull out two beverages at random.  An

Proof for properties of dot product, Proof for Properties of Dot Product ...

Proof for Properties of Dot Product Proof of u → • (v → + w → ) = u → • v → + u → • w → We'll begin with the three vectors, u → = (u 1 , u 2 , ...

Possible outcome of a coin - probability based question, A coin is tossed t...

A coin is tossed twice and the four possible outcomes are assumed to be equally likely. If A is the event,  both head and tail have appeared , and B be the event at most one tail i

Determine solutions to the given equation or inequality, Illustrates that t...

Illustrates that the following numbers aren't solutions to the given equation or inequality. y = -2 in 3( y + 1) = 4 y - 5 Solution In this case in essence we do the sam

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

base - 10 block math, there are 5 small cubes and it reads the 5 small cub...

there are 5 small cubes and it reads the 5 small cubes is 1/100, then what is the ONE?

Define combined functions, Q. Define Combined Functions? Ans. We a...

Q. Define Combined Functions? Ans. We are often interested in functions which combine a trigonometric function with another type of function.  For example, y = x + sinx wi

Relative motion, how to find the minimum distance between any two particles...

how to find the minimum distance between any two particles which are in relative motion?

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