Which of the following statements about geometric mean return is are true: I. Geometric mean return is always less than or equal to arithmetic mean return II. Geometric mean return is used only for grouped data. III. Geometric mean return cannot be a negative number. a. I only d. III only b. I & II c. I & III d. III only
Which of the following statements about geometric mean return is are true: I. Geometric mean return is always less than or equal to arithmetic mean return II. Geometric mean return is used only for grouped data. III. Geometric mean return cannot be a negative number. a. I only d. III only b. I & II c. I & III d. III only
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.3: Measures Of Spread
Problem 16HP
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Which of the following statements about geometric mean return is are true:
I. Geometric mean return is always less than or equal to arithmetic mean return
II. Geometric mean return is used only for grouped data.
III. Geometric mean return cannot be a negative number.
a. I only d. III only
b. I & II
c. I & III
d. III only
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