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

volumes for solid of revolution, Volumes for Solid of Revolution Befo...

Volumes for Solid of Revolution Before deriving the formula for it we must probably first describe just what a solid of revolution is. To find a solid of revolution we start o

Equal groupings -categories of multiplication, Equal groupings - when we...

Equal groupings - when we want to find how many objects there are in several equal-sized sets. (e.g., if there are 3 baskets, each with 4 bananas, 4 oranges and 4 apples, respec

Divergence test - sequences and series, Divergence Test Once again...

Divergence Test Once again, do NOT misuse this test.  This test only says that a series is definite to diverge if the series terms do not go to zero in the limit.  If the

Draw a common graph y = sin ( x ), Graph y = sin ( x ) Solution : As a...

Graph y = sin ( x ) Solution : As along the first problem in this section there actually isn't a lot to do other than graph it.  Following is the graph. From this grap

Fraction word problems, Alan had 6 books. He read 1/3 of books last week. ...

Alan had 6 books. He read 1/3 of books last week. How many books did Alan read last week?

Basic computation formulas of differentiation, Basic "computation" formulas...

Basic "computation" formulas : Next, let's take a quick look at some basic "computation" formulas that will let us to actually compute some derivatives. Formulas 1)   If f

Coming to grips with mathematics, Coming To Grips With Mathematics :  How ...

Coming To Grips With Mathematics :  How does a child acquire mathematical concepts? Can any concept be presented to a child at any stage in such a manner that the child gets some

.fractions, what is the difference between North America''s part of the tot...

what is the difference between North America''s part of the total population and Africa''s part

Fraccions, multiply 9/19 times 95/7

multiply 9/19 times 95/7

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