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

Types of sets, NULL/ VOID/ EMPTY SET A set which has no element is know...

NULL/ VOID/ EMPTY SET A set which has no element is known as the null set or empty set and is indicated by f (phi). The number of elements of a set A is indicated as n (A) and

Practical geometry, Ask question draw a line parallel to given line xy at a...

Ask question draw a line parallel to given line xy at a distance of 5cm from it #Minimum 100 words accepted#

Differential equation, Suppose a fluid (say, water) occupies a domain D? R^...

Suppose a fluid (say, water) occupies a domain D? R^(3 ) and has velocity field V=V(x, t). A substance (say, a day) is suspended into the fluid and will be transported by the fluid

Example of subtraction , Example of subtraction: Example: Subtrac...

Example of subtraction: Example: Subtract 78 from 136. Solution:     2 136 -78 ------  58 While subtracting the units column, 6 - 8, a 10 that is b

Why x and y are simplifying expressions, Why x and y are Simplifying Expres...

Why x and y are Simplifying Expressions? You're doing algebra now, and you know you're going to see x's and y's. But before we work with x's and y's, we'll explore why we use t

The shape of a graph, The Shape of a Graph, Part I : In the earlier secti...

The Shape of a Graph, Part I : In the earlier section we saw how to employ the derivative to finds out the absolute minimum & maximum values of a function.  Though, there is many

Methods for doing integral, There are really three various methods for doin...

There are really three various methods for doing such integral. Method 1: This method uses a trig formula as,  ∫sin(x) cos(x) dx = ½ ∫sin(2x) dx = -(1/4) cos(2x) + c

Finding absolute extrema, Finding Absolute Extrema : Now it's time to see ...

Finding Absolute Extrema : Now it's time to see our first major application of derivatives.  Specified a continuous function, f(x), on an interval [a,b] we desire to find out the

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