Question: 4. When should the geometric mean return be used to measure returns? Why wil it always be less than the arithmetic mean (unless the numbers

 4. When should the geometric mean return be used to measure

4. When should the geometric mean return be used to measure returns? Why wil it always be less than the arithmetic mean (unless the numbers are identical)

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!