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

How many more miles did he run today, Kevin ran 6.8 miles yesterday and 10....

Kevin ran 6.8 miles yesterday and 10.4 miles presently. How many more miles did he run today? To ?nd out how many more miles he ran today, subtract yesterday's miles from today

Describe multiplication and division equations, Describe Multiplication and...

Describe Multiplication and Division Equations? Multiplication Equations :  To solve multiplication equations, divide both sides of the equation by the number being multiplie

How are Indian customers visiting Shoppers’ Stop any differe, How are India...

How are Indian customers visiting Shoppers’ Stop any different from customers of developed western countries?

F distribution, The F Distribution The F distribution is the dis...

The F Distribution The F distribution is the distribution of the ratio of 2 random variables. Both random variables have yet another distribution, called the c 2 Distri

Rectilinear figures, Q1- different types of rectilinear figures? Q2- interi...

Q1- different types of rectilinear figures? Q2- interior and exterior angles of the polygon? Q3-relation between interior and exterior angles of polygons? Q4- properties of any fiv

Probability, TWO PERSONS A AND B AGREE TO MEET AT A PLACE BTWEEN 11 TO 12 N...

TWO PERSONS A AND B AGREE TO MEET AT A PLACE BTWEEN 11 TO 12 NOON.  THE FIRST ONE TOARRIVE WAITS FOR 20 MIN AND THEN LEAVE. IF THE TIME OF THIR ARRIVAL BE INDEPENDET AND AT RNDOM,T

Generic rectangles and greatest common factors, miaty and yesenia have a gr...

miaty and yesenia have a group of base ten blocks.Misty has six more than yesnia. Yesenia''s blocks repersent 17 together they have 22 blocks,and the total of blocks repersent 85.

Evaluate the volume of one orange, An orange has a diameter of 3 inches. Ev...

An orange has a diameter of 3 inches. Evaluate the volume of one orange. (π = 3.14) a. 9.42 in 3 b. 113.04 in 3 c. 28.26 in 3 d. 14.13 in 3 d. To determine the

Limits-of-sum, limit 0 to 2(3x^2+2) Solution) integrate 3x^2 to x^3 and...

limit 0 to 2(3x^2+2) Solution) integrate 3x^2 to x^3 and 2 to 2x and apply the limit from 0 to 2 answer is 12.

..Job, Eddie mkes $15.75 per hour. Estimate how much Eddie will make per ye...

Eddie mkes $15.75 per hour. Estimate how much Eddie will make per year if he works 40 hours per week and 50 weeks per year.

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