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

MATLAB, how to use matlab to reverse digits of integer using mod

how to use matlab to reverse digits of integer using mod

Determine the volume of the hollowed solid, A cylindrical hole with a radiu...

A cylindrical hole with a radius of 4 inches is cut through a cube. The edge of the cube is 5 inches. Determine the volume of the hollowed solid in terms of π. a. 125 - 80π

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?

Find the number of students side of the square, A teacher on attempting to ...

A teacher on attempting to arrange the students for mass drill in the form of a solid square found that 24 students were left over. When he increased the size of the square by one

Arc Length and Sector Area, how do i find the diameter of a circle if i hav...

how do i find the diameter of a circle if i have the shaded sectors area of 263.76 and the central angle of that circle is 210 degrees?

Independent & Dependent functions, I am learning this at school today and I...

I am learning this at school today and I started getting confused which one is which, can you help me?

Coefficient of determination, Coefficient of Determination It refers t...

Coefficient of Determination It refers to the ratio of the explained variation to the total variation and is utilized to measure the strength of the linear relationship. The s

prove that 2a=b+c, If the roots of the equation (a-b) x 2 + (b-c) x+ (...

If the roots of the equation (a-b) x 2 + (b-c) x+ (c - a)= 0 are equal. Prove that 2a=b+c. Ans:    (a-b) x 2 + (b-c) x+ (c - a) = 0 T.P 2a = b + c B 2 - 4AC = 0

Find their present ages of son and father, When the son will be as old as t...

When the son will be as old as the father today their ages will add up to 126 years. When the father was old as the son is today, their ages add upto 38 years.  Find their present

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