How to Improve Your Math Grade

P5/6. Math Self-Study Series: Ratio Flashcards for Memory Maps – 52 Cards

The geometric mean is often used in business and economics forfinding average rates of change, average ratesof growth, or average ratios. Given n values (all ofwhich are positive), the geometric mean is the nth root oftheir product. The average growth factor for money compounded atannual interest rates of 9.8%, 7.6%, and 2.1% canbe found by computing the geometric mean of 1.098,1.076, and 1.021. Find that average growth factor, orgeometric mean. What single percentage growth rate wouldbe the sa

SOLVED: the geometric mean is often used in business and economics for finding average rates of change, average rates of growth, or average ratios. Given n values (all of which are positive), the mean is the nth root of their product. the average growth factor for money compounded at annual interest rates of 10.6%, 5.6%, and 2.8% what is the single percentage growth rate

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