Mathematics
Mathematics, 12.10.2020 23:01, aron4327

When data consist of percentages, ratios, growth rates, or other rates of change, the geometric mean is a useful measure of central tendency. For n data values the geometric mean, assuming all data values are positive, is as follows. To find the average growth factor over 5 years of an investment in a mutual fund with growth rates of 8.9% the first year, 12.4% the second year, 14.2% the third year, 4.4% the fourth year, and 6.7% the fifth year, take the geometric mean of 1.089, 1.124, 1.142, 1.044, and 1.067. Find the average growth factor of this investment. (Round your answer to four decimal places.)

answer
Answers: 3

Other questions on the subject: Mathematics

image
Mathematics, 20.06.2019 18:04, decoreyjpaipxv
To show that polygon abcde is congruent to polygon fghij, a must be used to make the two polygons coincide. a sequence of two transformations that can be used to show that polygon abcde is congruent to polygon fghij is .
Answers: 1
image
Mathematics, 21.06.2019 13:30, FAKE5979
Which graph shows a function with a range of all real numbers greater than or equal to -1
Answers: 3
image
Mathematics, 21.06.2019 16:20, tee4597
Which equation matches the graph shown ?
Answers: 2
image
Mathematics, 21.06.2019 16:30, anyar
What is 96 divided by 7,488mark as brainliest
Answers: 2
Do you know the correct answer?
When data consist of percentages, ratios, growth rates, or other rates of change, the geometric mean...

Questions in other subjects:

Konu
Mathematics, 01.07.2019 16:30