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Please explain the reasoning. What is NOT a legitimate reason why people use the arithmetic average. The arithmetic average easy to compute. Numbers are not
Please explain the reasoning.
What is NOT a legitimate reason why people use the arithmetic average. The arithmetic average easy to compute. Numbers are not very different if volatility is low. Portfolio return is weighted arithmetic average. Arithmetic average is an unbiased estimate for the expected return. Arithmetic average is higher than geometric averageStep by Step Solution
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