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

Determine the differential y = t 3 - 4t 2 + 7t, Determine the differentia...

Determine the differential for following.                                      y = t 3 - 4t 2 + 7t Solution Before working any of these we have to first discuss just

Hypothesis testing about the difference between two proporti, Hypothesis Te...

Hypothesis Testing About The Difference Between Two Proportions Hypothesis testing about the difference between two proportions is used to test the difference between the propo

Components of the vector - calculus, Components of the Vector We should...

Components of the Vector We should indicate that vectors are not restricted to two dimensional (2D) or three dimensional space (3D). Vectors can exist generally n-dimensional s

Intergration, Functional and variations.Block III, Consider the functiona...

Functional and variations.Block III, Consider the functional S[y]=?_1^2 v(x^2+y'')dx , y(1)=0,y(2)=B Show that if ?=S[y+eg]-S[y], then to second order in e, ?=1/2 e?_1^2¦?g^'

Basic indefinite integrals- computing indefinite integrals, Basic indefinit...

Basic indefinite integrals The first integral which we'll look at is the integral of a power of x.                                ∫x n dx = (x n +1 / n + 1)+ c,          n

What is the measure of its width if its length is 3 inches, The perimeter o...

The perimeter of a rectangle is 21 inches. What is the measure of its width if its length is 3 inches greater than its width? Let x = the width of the rectangle. Let x + 3 = th

Introduction To Numerical Methods & Matlab, Can you help me with the course...

Can you help me with the coursework i have in Matlab?

Greatest common factors, Lindy has 48 chocolate chip cookies and 64 vanilla...

Lindy has 48 chocolate chip cookies and 64 vanilla wafers. How many bags can lindy fill if she puts the chocolate chip cookies and the vanilla wafers in the same bags? She plans

Examining a related problem, how to explain this strategy? how to do this s...

how to explain this strategy? how to do this strategy in solving a problem? can you give some example on how to solve this kind of strategy.

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