Question
Which of the following shows the approximate relationship between the arithmetic mean and the geometric mean for a series of returns? a. Geometeric mean =
Which of the following shows the approximate relationship between the arithmetic mean and the geometric mean for a series of returns?
a. Geometeric mean = (arithmetic mean - variance)/2
b. Geometeric mean = arithmetic mean - variance/2
c. Geometeric mean = (arithmetic mean - standard deviation)/2
d. Geometeric mean = arithmetic mean - (standard deviation)/2
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Entrepreneurial Finance
Authors: J . chris leach, Ronald w. melicher
4th edition
538478152, 978-0538478151
