Answer
Geometric mean: 1.0367
Single percentage growth rate: 3.67%.
The result is not exactly the same as the mean.
Work Step by Step
Geometric mean: 1.0367
Single percentage growth rate: 3.67%.
The result is not exactly the same as the mean.
Elementary Statistics (12th Edition)
by Triola, Mario F.
Published by
Pearson
ISBN 10:
0321836960
ISBN 13:
978-0-32183-696-0
Chapter 3 - Statistics for Describing, Exploring, and Comparing Data - 3-2 Measures of Center - Beyond the Basics - Page 95: 37
Update this answer!
You can help us out by revising, improving and updating this answer.
Update this answerAfter you claim an answer you’ll have 24 hours to send in a draft. An editor will review the submission and either publish your submission or provide feedback.
