An investment you made 5 years ago has realized the following rates of return. Year 1 2
Question:
An investment you made 5 years ago has realized the following rates of return.
Year 1 2 3 4 5 Rate of Return .15 .20 .15 .08 .50
a. Compute the mean and median of the rates of return.
b. Compute the geometric mean.
c. Which one of the three statistics computed in parts
(a) and
(b) best describes the return over the 5-year period? Explain.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Accounting And Finance For Business
ISBN: 9780273773948
1st Edition
Authors: Geoff Black, Mahmoud Al-Kilani
Question Posted: