English Deutsch Français Italiano Español Português 繁體中文 Bahasa Indonesia Tiếng Việt ภาษาไทย
All categories
0 ⤊

i made $10000 to start and received a 20%after a yr and 10% after two yrs.find geometric mean percentage?

business statistics category

2007-02-03 08:04:25 · 1 answers · asked by tuti 1 in Social Science ➔ Economics

1 answers

For 1st year its is 20% increase or1.20, second year it is 10% or 1.10. So geometric mean is(1.20x1.10)^1/2=sqrt(1.32)=1.148. So geometric mean percent is 14.8%

2007-02-03 08:59:45 · answer #1 · answered by Mau 3 · 0⤊ 0⤋

fedest.com, questions and answers