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Tamil Nadu Board of Secondary EducationHSC Commerce Class 11

When calculating the average growth of the economy, the correct mean to use is?

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Question

When calculating the average growth of the economy, the correct mean to use is?

Options

  • Weighted mean

  • Arithmetic mean

  • Geometric mean

  • Harmonic mean

MCQ
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Solution

Geometric mean

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Chapter 8: Descriptive Statistics and Probability - Exercise 8.3 [Page 204]

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Samacheer Kalvi Business Mathematics and Statistics [English] Class 11 TN Board
Chapter 8 Descriptive Statistics and Probability
Exercise 8.3 | Q 2 | Page 204
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