Calculate the geometric mean for the following sets of data. Express the final answer rounded to two decimal places. a. 4, 36 b. 2, 4,
Calculate the geometric mean for the following sets of data. Express the final answer rounded to two decimal places.
a. 4, 36
b. 2, 4, 8
c. 1.10, 1.16, 1.13, 1.18 Bianca invested $10,000 for four years. If the growth rate for each year was 3%, 5%, 6%, and 9%, calculate the average annual growth rate using the geometric mean. Mehar invested $12,800 for three years. If the growth rate for each year was 5%, 6%, and 8%, calculate the average annual growth rate using the geometric mean.
AppendixLO1
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