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

Calculate the quarterly premium of a pension policy, You plan to retire whe...

You plan to retire when you are 65th years old.  You are now 25 years old.  You plan to buy a pension annuity that will pay you $100,000 per year starting one year after you turn 6

Variance-measure of central tendency, Variance Square of the standard...

Variance Square of the standard deviation is termed as variance. The semi inter-quartile range - It is a measure of dispersion which includes the use of quartile. A q

Factoring polynomials, Factoring polynomials is probably the most important...

Factoring polynomials is probably the most important topic. We already learn factor of polynomial .If you can't factor the polynomial then you won't be able to even start the probl

Ratios....., if the ratio of boys to girls ism 3 to 5, then what percent of...

if the ratio of boys to girls ism 3 to 5, then what percent of the students are boys

How far up the building will the ladder reach?, A rescue and ?re squad plac...

A rescue and ?re squad places a 15 ft ladder against a burning building. If the ladder is 9 ft from the base of the building, how far up the building will the ladder reach? a. 8

Probability, The probability that a leap year will have 53 sunday is ? and ...

The probability that a leap year will have 53 sunday is ? and how please explain it ? (a)1/7    (b) 2/7    (c) 5/7    (d)6/7 Sol) A leap year has 366 days, therefore 52 weeks i.e

1234 Mathematics, use only the digits 1,2,3 and 4 in any order to write an ...

use only the digits 1,2,3 and 4 in any order to write an expression for the numbers 1 to 100. you may only use each digit once. You may use exponents of 1,2,3 and 4 in some of th

Applied Math, Calucations of gradients find f Graph some level curve f=cons...

Calucations of gradients find f Graph some level curve f=const. f=9x^2 = 4y^2

Sum of their areas is given find radii of the two circles, Two circles touc...

Two circles touch externally. The sum of their areas is 58 π cm 2 and the distance between their centres is 10 cm. Find the radii of the two circles. (Ans:7cm, 3cm) Ans:

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