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

Initial value problems, Write a Matlab function MyIVP that solves an initia...

Write a Matlab function MyIVP that solves an initial-value problem (IVP) for a system of ordinary differential equations (ODEs) of the form x ?(t) = f (t, x(t)), where f : R × Rn ?

Matrices, how to find inverse of matrix

how to find inverse of matrix

Determine the relation is partially ordered, Determine if the relation repr...

Determine if the relation represented by the following Boolean matrix is partially ordered. Ans: Let the following relation R is defined on set A = {x, y, z}. To test if t

Operations research, Explain Analytical Models in Operations Research with ...

Explain Analytical Models in Operations Research with Application

Geometry, I don''t get it .... Help

I don''t get it .... Help

Shortcuts of fraction and squareroot, I am student of M.com and also doing...

I am student of M.com and also doing practice to crack bank or other competitive exam..please tell me shortcuts

Word Problem, One box can hold 5 1/2 lbs of nuts and 3 lb 6oz of bolts. Wha...

One box can hold 5 1/2 lbs of nuts and 3 lb 6oz of bolts. What is the total weight for one box?

What is the probability in which she gets heads further flip, Jennifer ?ipp...

Jennifer ?ipped a coin three times and got heads each time. What is the probability in which she gets heads on the further ?ip? The probability of heads does not modify based o

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