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

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

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

Equivalent Fractions and Decimals, write each fraction as a decimal .round ...

write each fraction as a decimal .round to the nearest hundredth if necessary (1-4) (14-21)

Modi method, why modi method is used in operation research

why modi method is used in operation research

Trigonometry, important trigonometric formulas for class 10th CBSC board

important trigonometric formulas for class 10th CBSC board

Testing the hypothesis equality of two variances, Testing the hypothesis eq...

Testing the hypothesis equality of two variances The test for equality of two population variances is based upon the variances in two independently chosen random samples drawn

Sum of a number of terms in a.p., We know that the terms in an ...

We know that the terms in an A.P. are given by a, a + d, a + 2d, a + 3d, ........ a + (n - 2)d, a + (n -  1)d The sum of all t

#Regular Expression, Find the Regular Grammar for the following Regular Exp...

Find the Regular Grammar for the following Regular Expression: a(a+b)*(ab*+ba*)b.

What are logarithmic function, The logarithm of a provided number b to the ...

The logarithm of a provided number b to the base 'a' is the exponent showing the power to which the base 'a' have to be raised to get the number b. This number is defined as log a

Machines, descuss the seauencing problem for n jobs on two and three machin...

descuss the seauencing problem for n jobs on two and three machines

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