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

What is the conditional probability based on die questions, A die is rolled...

A die is rolled twice and the sum of the numbers appearing on them is observed to be 7.What is the conditional probability that the number 2 has appeared at least once? A) 1/3

Homework, Euler''''s Constant (e) Approximate the number to the one hundred...

Euler''''s Constant (e) Approximate the number to the one hundredth, one ten-thousandths, and one one-hundred-millionth.

SURFACE AREA AND VOLUMES, Metallic spheres of radii 6 centimetre, 8 centime...

Metallic spheres of radii 6 centimetre, 8 centimetre and 10 centimetres respectively are melted to form a single solid sphere. Find the radius of the resulting sphere.

Inverse laplace transforms, Determining the Laplace transform of a function...

Determining the Laplace transform of a function is not terribly hard if we've found a table of transforms opposite us to use as we saw in the previous section. What we would want t

Sequencing, jobs a b c d e f 1 15 8 6 14 6 26 ...

jobs a b c d e f 1 15 8 6 14 6 26 2 17 7 9 10 15 22 3 21 7 12 9 11 19 4 18 6 11 12 14 17

Separable differential equations, We are here going to begin looking at non...

We are here going to begin looking at nonlinear first order differential equations. The first type of nonlinear first order differential equations which we will see is separable di

Determine the measure of angle, Two sides of a picture frame are glued toge...

Two sides of a picture frame are glued together to form a corner. Each side is cut at a 45-degree angle. Using the illustration provided, ?nd the measure of ∠A. a. 45° b

Example of exponential smoothing, Example of Exponential Smoothing ...

Example of Exponential Smoothing By using the previous example and smoothing constant 0.3 generate monthly forecasts Months Sales Forecast

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