Question
ABC Company did a study of the growth rate in the population of Daytona for the past five months shown below. Month Growth Factors January
ABC Company did a study of the growth rate in the population of Daytona for the past five months shown below.
| Month | Growth Factors |
| January (1) | 1.0258 |
| February (2) | 1.0270 |
| March (3) | 1.0298 |
| April (4) | 1.0304 |
| May (5) | 1.0319 |
| a. | Compute the Geometric mean |
| b. | What has been the percentage growth in the population of Daytona? |
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Value Investing
Authors: Mike Hartley
1st Edition
979-8864443309
