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The geometric mean is often used in business and economics for finding average rates of​ change,...

The geometric mean is often used in business and economics for finding average rates of​ change, average rates of​ growth, or average ratios. Given n values​ (all of which are​ positive), the geometric mean is the nth root of their product. The average growth factor for money compounded at annual interest rates of 8.1​%, 4.3​%, and 2.3​% can be found by computing the geometric mean of 1.081​, 1.043​, and 1.023. Find that average growth​ factor, or geometric mean. What single percentage growth rate LOADING... would be the same as having three successive growth rates of 8.1​%, 4.3​%, and 2.3​%? Is that result the same as the mean of 8.1​%, 4.3​%, and 2.3​%?

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