Can somebody Graph this For Me?
1 answer:
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The geometric mean for the above set of data given is: 1.1475 (Option B). See the explanation below.
The geometric mean can be defined as the average rate of return of a set of values obtained by multiplying the terms together.
Geometric mean is best suited for series with serial correlation, which is notably true for investment portfolios.
<h3>What is the computation justifying the above answer?</h3>
The formula for geometric mean is given as:
Hence,
The geometric Mean =
1.0147506490423
1.1475
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