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

The laplace method, The Laplace method Laplace method employs all the i...

The Laplace method Laplace method employs all the information by assigning equal probabilities to the possible payoffs for every action and then selecting such alternative whic

Seriation to developing pre-number concepts, Seriation :  You have read ab...

Seriation :  You have read about a preschooler's ability to order. Ordering a set of objects means to arrange them in a sequence according to some rule. This arrangement could be

Polar coordinates, THE CURVE C HAS POLAR EQUATION R=[X^1/2][E^X^2/PI]. WHER...

THE CURVE C HAS POLAR EQUATION R=[X^1/2][E^X^2/PI]. WHERE X IS GREATER THAN OR EQUAL TO 0 BUT LESS THAN OR EQUAL TO PI. THE AREA OF THE FINITE REGION BOUNDED BY C AND THE LINE X EQ

Can you explain slope, Can you explain slope and Slope is measured as rise/...

Can you explain slope and Slope is measured as rise/run?

Find interval of function, Find interval for which the function f(x)=xe x(1...

Find interval for which the function f(x)=xe x(1-x)   is increasing or decreasing function

Methods of set representation, I have an assignment of set theory, please E...

I have an assignment of set theory, please Explain Methods of set representation.

Find the cost price of the toy, A dealer sells a toy for Rs.24 and gains as...

A dealer sells a toy for Rs.24 and gains as much percent as the cost price of the toy. Find the cost price of the toy. Ans:    Let the C.P be x ∴Gain = x % ⇒ Gain = x

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