An index of Canadian common shares generated the following rates of return over the past 4 years: 7.31%, 8.26%, 3.19%, 2.34%.  Calculate the arithmetic mean. Explain the term arithmetic mean. When is this calculation useful? Calculate the geometric mean. Explain the term geometric mean. When is this calculation useful?

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So arithmetic mean considering data over past 4 years is given sample 731 826 319 234 4 21... View the full answer