# Question

The following returns were realized on an investment over a 5-year period.

a. Compute the mean and median of the returns.

b. Compute the geometric mean.

c. Which one of the three statistics computed in parts (a) and (b) best describes the return over the 5-year period?Explain.

a. Compute the mean and median of the returns.

b. Compute the geometric mean.

c. Which one of the three statistics computed in parts (a) and (b) best describes the return over the 5-year period?Explain.

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