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

Case study, considring the concept of product life cycle,where would you pu...

considring the concept of product life cycle,where would you put viedo games in thier life cycle?

Scaling and translation for equations, Q. Scaling and translation for equat...

Q. Scaling and translation for equations? Ans. If you have an equation in the form y= f(x) (if you're not familiar with functions, that just means having "y" on the left s

Inductive reasoning.., 2, -8, 32, -128, ?, ?, ?, what are these next 3?

2, -8, 32, -128, ?, ?, ?, what are these next 3?

Domain of a vector function - three dimensional space, Domain of a Vector F...

Domain of a Vector Function There is a Vector function of a single variable in R 2 and R 3 have the form, r → (t) = {f (t), g(t)} r → (t) = {f (t) , g(t), h(t)} co

How to calculate mode, Q. How to calculate Mode? The mode of a data set...

Q. How to calculate Mode? The mode of a data set is the value that is repeated most often in the data set. It has the highest frequency. There can be one, more than one, or n

Trigonometric approximation grid, With a compass draw the arc associated wi...

With a compass draw the arc associated with a 720° angle, it looks like a circle. With a protractor, label the angle in multiples of 45° and 30° up to 720°.  Notice 30° and 390° ar

Prove that ar= 3/7 ac of parallelogram , ABCD is a parallelogram in the giv...

ABCD is a parallelogram in the given figure, AB is divided at P and CD and Q so that AP:PB=3:2 and CQ:QD=4:1. If PQ meets AC at R, prove that AR= 3/7 AC. Ans:    ΔAPR ∼ Δ

????? ???????, ???? ????? ??????? ?? ????? ??? ?? ????? ??????? ??????

???? ????? ??????? ?? ????? ??? ?? ????? ??????? ??????

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