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

Fourier series - partial differential equations, Fourier series - Partial D...

Fourier series - Partial Differential Equations One more application of series arises in the study of Partial Differential Equations.  One of the more generally employed method

Differential calculus finding limits, how can i evaluate this lim of x as x...

how can i evaluate this lim of x as x approaches to a

Multiples, The sum of the smallest and largest multiples of 8 up to 60 is?

The sum of the smallest and largest multiples of 8 up to 60 is?

Find out the length of hamiltonian path, Find out the length of Hamiltonian...

Find out the length of Hamiltonian Path in a connected graph of n vertices. Ans: The length of Hamiltonian Path in a connected graph of n vertices is n-1.

Alzebra, how can i memorize the formulas

how can i memorize the formulas

Commercial, The C.P. of 20 articles is same as theS.P. of x articles.Articl...

The C.P. of 20 articles is same as theS.P. of x articles.Article profit is 25%.Find x

Determine the probability, An insurance company/organization takes a keen i...

An insurance company/organization takes a keen interest in the age at which a person is insured. Thus a survey conducted on prospective clients indicated that for clients having th

The alternative hypothesis, The alternative hypothesis When formulatin...

The alternative hypothesis When formulating a null hypothesis we also consider the fact that the belief may be found to be untrue thus we will refuse it.  Therefore we formula

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