Student Solutions Manual for Basic Business Statistics
13th Edition
ISBN: 9780321926708
Author: David M. Levine; Mark L. Berenson; Timothy C. Krehbiel; Kathryn A. Szabat; David F. Stephan
Publisher: Pearson Education
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Chapter 3, Problem 22PS
In 2009 through 2012, the value of precious metals fluctuated dramatically. The data in the following table (contained in the file metal) represent the yearly rate of return (in percentage) for platinum, gold, and silver from 2009 through 2012:
a. Compute the geometric
b. What conclusions can you reach concerning the geometric mean rates of return of the three precious metals?
c. Compare the results of (b) to those of Problem 3.21 (b).
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Chapter 3 Solutions
Student Solutions Manual for Basic Business Statistics
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