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 19% of 26, What is 19% of 26? To ?nd out 19% of 26, multiply 26...

What is 19% of 26? To ?nd out 19% of 26, multiply 26 through the decimal equivalent of 19% (0.19); 26 × 0.19 = 4.94.

One-to-one correspondence in learning maths, How does your answer to this q...

How does your answer to this question compare with mine, which follows? i) To begin with, 1 laid the beads out in a row for counting, so that I wouldn't leave any out or count a

Solve 5x tan (8x ) =3x trig function, Solve 5x tan (8x ) =3x . Solution...

Solve 5x tan (8x ) =3x . Solution : Firstly, before we even begin solving we have to make one thing clear.  DO NOT CANCEL AN x FROM BOTH SIDES!!! Whereas this may appear like

Triangles are resolute, a) How many equivalence relations on {a, b, c, d, e...

a) How many equivalence relations on {a, b, c, d, e, f} have b)  How many arrangements are there of c)  How many triangles are resolute by the vertices of a regular polygon w

How long will it take the light to blink 405 times, The light on a lighthou...

The light on a lighthouse blinks 45 times a minute. How long will it take the light to blink 405 times? Divide 405 by 45 to get 9 minutes.

Triganometry, Ask question #Minimum 100 words what is the hypotunus of a r...

Ask question #Minimum 100 words what is the hypotunus of a right bangled triangle a=5@ b=25 find c accwhepted#

Power of x, (x+1/x)^2=3 then value of x^72+x^66+x^54+x^36+x^24+x^6+1 is

(x+1/x)^2=3 then value of x^72+x^66+x^54+x^36+x^24+x^6+1 is

Derive expressions for the mean and variance, On each day t of n days, N cu...

On each day t of n days, N customers of a supermarket were sampled and the number Xt expressing dissatisfaction was recorded. The results suggested that there were good and bad day

Circle, prove the the centre of a circle is twice of reference angle

prove the the centre of a circle is twice of reference angle

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