A stock had the following returns over the last five years: 15%, 2%, 9%, 44%, 23%. What is the respective geometric mean and arithmetic mean for this stock?
A) 17.76%; 23.0%.
B) 17.76%; 18.6%.
C) 0.18%; 18.6%.
Answer: B
Marketing MCQ
Statistical Concepts and Market Returns
A stock had the following returns over the last five years: 15%, 2%, 9%, 44%, 23%. What is the respective geometric mean and arithmetic mean for this stock?