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

Ms. Smith, How can I use the I=Prt formula to get the interest for this pro...

How can I use the I=Prt formula to get the interest for this problem? A car dealer sells me a car for $16450 with $3,290 down and $339.97 monthly payments for 48 months. What is

Definition of vertical asymptote, Vertical asymptote Definition : The funct...

Vertical asymptote Definition : The function f(x) will contain a vertical asymptote at x = a if we contain any of the following limits at x = a .   x→a- Note as well that it

Find solution manual, i need solution manual of "calculus and analytic geom...

i need solution manual of "calculus and analytic geometry thomas 6th edition book "

Find relative extrema f ( x ) = x2 on [-2, Recognizes the absolute extrema...

Recognizes the absolute extrema & relative extrema for the given function.  f ( x ) = x 2        on                  [-2, 2] Solution Following is the graph for this fun

Decimals, how do you turn a fraction into a decimals

how do you turn a fraction into a decimals

Find the probability density function, 1. The lifetime T (in days) of an el...

1. The lifetime T (in days) of an electrical component has reliability function given by: R(t) = e -0.01t for time t > 0. An electrical system consists of four such components. Th

Determine the number of combinations, 3 items x, y and z will have 6 differ...

3 items x, y and z will have 6 different permutations however only one combination. The given formular is generally used to determine the number of combinations in a described situ

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