The growth rates in the population of Bethlehem are characterized by the following table: Year Growth Factors 1 1.03 2 1.05 3 1.07 4 1.05
The growth rates in the population of Bethlehem are characterized by the following table: Year Growth Factors 1 1.03 2 1.05 3 1.07 4 1.05 5 1.04 Compute the geometric mean of the growth factors. Hint: You can use GEOMEAN in Excel
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