Historic growth rates should normally be figured by computing the
A) yearly average.
B) arithmetic mean.
C) geometric mean.
D) harmonic mean.

Name: Historic growth rates should normally be figured by computing the A) yearly average. B) arithmetic mean. C) geometric mean. D) harmonic mean.
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Quizplus · Accepted Answer

The geometric mean is the most appropriate method for calculating historic growth rates because it accurately reflects the compounding nature of growth over time.

Historic Growth Rates Should Normally Be Figured by Computing the