Answer:
Sorry, this is too vague to understand as you don’t have any charts, graphs, or anything
Explanation:
Answer:
A
Explanation:
they are close up. they are not telephoto or abstract
marco can be telephoto, but it is not nessacarily always telephoto. marco is by definition a close up photo
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.
