In 2008 through 2011, the value of precious metals fluctuated dramatically. The data in the following table
Question:
a. Compute the geometric mean rate of return per year for platinum, gold, and silver from 2008 through 2011.
b. What conclusions can you reach concerning the geometric mean rates of return of the three precious metals?
c. Compare the results of (b) to those of Problem 3.21 (b).
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Related Book For
Statistics For Managers Using Microsoft Excel
ISBN: 772
7th Edition
Authors: David M. Levine, David F. Stephan, Kathryn A. Szabat
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