----- Original Message -----
From: John.liu <[EMAIL PROTECTED]>
To: <[EMAIL PROTECTED]>
Sent: Friday, March 10, 2000 1:04 PM
Subject: average annual growth rate
> How can i calculate average annual growth rate from 1991 to 1994 based on
> the following data:
>
> Year 1991 1992 1993 1994
> Data 0 17.2 23.1 18.7
>
> Thanks
> John
Convert to proportions and find the geometric mean:
(1.00 x 1.172 x 1.231 x 1.187)^(1/4) = 1.144, or 14.4% growth
BTW: I'm a little suspicious of the exact 0 - it makes me wonder whether
1991 is "a year like the others".
-Robert Dawson
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