So is it safe to say that the geometric mean of a set of numbers and the compound annual growth rate (CAGR) are the same thing?
Yes
Gracias.
YES sir, to find compound annual growth rate we use geometric mean.
Bingo!
So is it safe to say that the geometric mean of a set of numbers and the compound annual growth rate (CAGR) are the same thing?
Yes
Gracias.
YES sir, to find compound annual growth rate we use geometric mean.
Bingo!