Question: 18) Using the Arithmetic Mean, calculate the average based on the growth rate. Make sure to convert the percentage into decimal format. Year GDP Growth

18) Using the Arithmetic Mean, calculate the average based on the growth rate. Make sure to convert the percentage into decimal format.

Year

GDP Growth (%)

2010

2.71%

2011

1.55%

2012

2.28%

2013

1.84%

2014

2.29%

2015

2.71%

2016

1.67%

2017

2.24%

2018

2.95%

2019

2.29%

2020

2.77%

2021

5.95%

2022

2.06%

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