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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.image text in transcribed

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 average

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