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Measures of central tendency

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Why we have to use G.M but not A.M FOR Measuring of average rate of returns?

Adarsh Gudivada

CMA Final

★ 28K+

04-May-21 13:58

302

Answers (1)

In order to do compounding and to arrive at accurate result, GM will be applied while calculating the average rate of return

Yoga Vishnu

CA Final

★ 11K+

04-May-21 16:03

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