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

Trig substitutions - integration techniques, Trig Substitutions - Integrati...

Trig Substitutions - Integration techniques As we have completed in the last couple of sections, now let's start off with a couple of integrals that we should previously be

Slope, how would I graph the equation 2x-5y=5?

how would I graph the equation 2x-5y=5?

Expected opportunity loss or eol method, Expected opportunity loss or EOL m...

Expected opportunity loss or EOL method EOL method is aimed at minimizing the expected opportunity loss or OEL. The decision maker chooses the strategy along with the minimum e

Matrices, Ask qudefination of empty matrixestion #Minimum 100 words accepte...

Ask qudefination of empty matrixestion #Minimum 100 words accepted#

Some important issue of graph, Some important issue of graph Before mov...

Some important issue of graph Before moving on to the next example, there are some important things to note. Firstly, in almost all problems a graph is pretty much needed.

Natural numbers, To begin with we have counting numbers. These ...

To begin with we have counting numbers. These numbers are also known as natural numbers and are denoted by a symbol 'N'. These numbers are obtai

Quantitative, The Laser Computer Printer Company decides monthly what to pr...

The Laser Computer Printer Company decides monthly what to produce during the subsequent month. They produce three types of printers, the Laser Rocket, the Alpha Laser, and the La

Fractions, which fractions is equivalent to 5/ 6 a.20/24 b.9/10 c.8/18 d....

which fractions is equivalent to 5/ 6 a.20/24 b.9/10 c.8/18 d.10/15

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