Answer: E. Never
geometric average return can NEVER exceed the arithmetic average return for a given set of returns
Explanation:
The arithmetic average return is always higher than the other average return measure called the geometric average return. The arithmetic return ignores the compounding effect and order of returns and it is misleading when the investment returns are volatile.
Arithmetic returns are the everyday calculation of the average. You take the series of returns (in this case, annual figures), add them up, and then divide the total by the number of returns in the series. Geometric returns (also called compound returns) involve slightly more complicated maths.
Yes, if you download an app such as gmail or yahoo mail. hope this answered your question.
Answer:
Did you mean layer 3 switch? Because a router always operates at layer 3
Explanation:
If the answer is yes, then a layer 3 is a switch that combines the functions of a switch and a router. So it is capable of operate layer 2 and layer 3. Some of its benefits are: Support routing between VLAN, decrease network latency because the packets don’t have to make extra hops to go through a router and reduce security management. But they are really expensive and lack of WAN functionality so they are used mostly for large intranet environments.
