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.
Answer:
280
Explanation:
Average = (240 + 315 + 290 + 180 + 375) ÷ 5
= 1400 ÷ 5
= 280
Cheers
Answer:
Explanation:
Apply a slide layout
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2 . Select Home > Layout.
3 . Select the layout that you want. The layouts contain placeholders for text, videos, pictures, charts, shapes, clip art, a background, and more. The layouts also contain the formatting for those objects, like theme colors, fonts, and effects
Answer:
0.8488
Explanation:
Let E =error found by test 1
Let F=error found by test 2
Let G=error found by test 3
Let H=error found by test 4
Let I= error found by test 5
Given P(E)=0.1, P(F)=0.2, P(G)=0.3, P (H)= 0.4, P (I)=0.5
therefore P(notE)=0.9, P(notF)=0.8, P(notG)=0.7, P(not H)=0.6, P (notI)=0.5
Tests are independent P(not E & not F ¬ G & not H & not I=P(notE)*P(notF)*P(notG)*P (notH)*P (not I) =0.9*0.8*0.7*0.6*0.5 =0.1512
P(found by at least one test)= 1- P(not found by any test)=1-P(not E& not F & not G & not H & not I ) = 1-0.1512 = 0.8488
