Consider the following data. Period -2.24 1 2 3 4 5.4 What is the mean growth rate over these five periods (to 2 decimals)? Enter negative value as negative figure. % Rate of Return (%) - 6.2 - 8.0 - 4.2 1.8 5

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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Consider the following data.
Period
1
-2.24
2
3
4
Rate of Return (%)
5
- 6.2
- 8.0
- 4.2
5.4
What is the mean growth rate over these five periods (to 2 decimals)? Enter negative value as negative figure.
%
1.8
Transcribed Image Text:Consider the following data. Period 1 -2.24 2 3 4 Rate of Return (%) 5 - 6.2 - 8.0 - 4.2 5.4 What is the mean growth rate over these five periods (to 2 decimals)? Enter negative value as negative figure. % 1.8
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