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

Vectors, why minimum three coplanar vectors are required to give zero resul...

why minimum three coplanar vectors are required to give zero resultant and not two?

Prove the parallelogram circumscribing a circle is rhombus, Prove that the ...

Prove that the parallelogram circumscribing a circle is rhombus. Ans   Given : ABCD is a parallelogram circumscribing a circle. To prove : - ABCD is a rhombus or AB

Fractions, how to divide fractions?

how to divide fractions?

Experience language pictures symbols-e - l - p - s , E - L - P - S : Has t...

E - L - P - S : Has the title of this section stumped you? Children, similarly, don't understand new symbols that are thrust upon them without giving them an adequate grounding. Y

Conduct an appropriate hypothesis test, Aspire LLP is a recruitment agency....

Aspire LLP is a recruitment agency. Recently, the company senior manager, Kay conducted a survey to understand the number of hours students spend daily on their studies after schoo

Differentials, Differentials : In this section we will introduce a nota...

Differentials : In this section we will introduce a notation. We will also look at an application of this new notation. Given a function y = f ( x ) we call dy & dx differen

Find the volume of the cuboids, If the areas of three adjacent faces of cub...

If the areas of three adjacent faces of cuboid are x, y, z respectively, Find the volume of the cuboids. Ans: lb = x , bh = y, hl = z Volume of cuboid = lbh V 2 = l 2 b 2

What is perfect squares, What is Perfect Squares ? Any number that can ...

What is Perfect Squares ? Any number that can be written as an integer to the power of two is called a perfect square. For example, 4 can be written as 2 2 4 is a "perfect sq

What is identities and contradictions, What is Identities and Contradiction...

What is Identities and Contradictions ? Look at this equation: x + 1 = 1 + x It happens to be true always, no matter what the value of x. (Try it out! What if x is 43?)

Rationalize the denominator, Rationalize the denominator for following.  Su...

Rationalize the denominator for following.  Suppose that x is positive. Solution We'll have to start this one off along with first using the third property of radica

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