= 10.47 70, 10 01 17 Measures Question 11, 3.1.39 Part 1 of 4 points Points: 0 of 1 Save K 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 geometric mean is the nth root of their product. The average growth factor for money compounded at annual interest rates of 11.9%, 5.3%, and 2.2% can be found by computing the geometric mean of 1 119, 1.053, and 1.022. Find that average growth factor, or geometric mean. What single percentage growth rate would be the same as having three successive growth rates of 11.9%, 5.3%, and 2.2%? Is that result the same as the mean of 11.9%, 5.3%, and 2.2%? The average growth factor, or geometric mean, is (Round to four decimal places as needed.)