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

Prove that one of three consecutive integers divisible by 3, Prove that one...

Prove that one of every three consecutive integers is divisible by 3. Ans: n,n+1,n+2 be three consecutive positive integers We know that n is of the form 3q, 3q +1, 3q +

Build an equation for a hyperboloid of two sheets, 1. Build an equation for...

1. Build an equation for a hyperboloid of two sheets with the following properties: a. The central axis of the hyperboloid is the y-axis b. The two sheets are 4 units apart, an

Word problem time vs desent, altitude 35000 @ 9:30 9;42 alt 17500 increase...

altitude 35000 @ 9:30 9;42 alt 17500 increase speed by factor of 3 level out at 2500= how much time will it take

Trignometry, how to find value of cos20 without using calculator

how to find value of cos20 without using calculator

Find out that sets of functions are linearly dependent, Find out if the fol...

Find out if the following sets of functions are linearly dependent or independent.  (a) f (  x ) = 9 cos ( 2 x )    g (  x ) = 2 cos2 (  x ) -  2 sin 2 (  x ) (b) f

Fractions, what Is the common denominator for 1/2 and 1/4

what Is the common denominator for 1/2 and 1/4

Two circles touch internally, Two circles touch internally at a point P and...

Two circles touch internally at a point P and from a point T on the common tangent at P, tangent segments TQ and TR are drawn to the two circles. Prove that TQ = TR. Given:

Strategy for series - sequences and series, Strategy for Series Now t...

Strategy for Series Now that we have got all of our tests out of the way it's time to think regarding to the organizing all of them into a general set of strategy to help us

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