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QUESTION 15 Under what circumstance is it appropriate to use geometric AVG? a. If the observed data is historical and there exists a compounding effect

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QUESTION 15 Under what circumstance is it appropriate to use geometric AVG? a. If the observed data is historical and there exists a compounding effect throughout the data over time. If the observed data is cross-sectional and there exists no compounding effect throughout the data over time. c. If the observed data is historical and there exists no compounding effect throughout the data over time. If the observed data is cross-sectional and there exists a compounding effect throughout the data over d. time

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