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

Find the rate at which its tip is moving, If the minute hand of a big clock...

If the minute hand of a big clock is 1.05 m long, find the rate at which its tip is moving in cm per minute.

Variation, If p=10 when q=2,find p when q=5

If p=10 when q=2,find p when q=5

Definition of differential equation, The first definition which we must cov...

The first definition which we must cover is that of differential equation. A differential equation is any equation that comprises derivatives, either partial derivatives or ordinar

Combinations, Now we take up combinations and its related concepts. C...

Now we take up combinations and its related concepts. Combinations are defined as each of the groups or selections which can be made by taking some or all of the

G .E matrix, using the g.e matrix, how can you turn an unattractive product...

using the g.e matrix, how can you turn an unattractive product to be attractive

Continuity, give me some examples on continuity

give me some examples on continuity

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