- Your research paper is written by certified writers
- Your requirements and targets are always met
- You are able to control the progress of your writing assignment
- You get a chance to become an excellent student!
Essay Details:
Essay text:
Allyn Joyce’s June 1995
BVR article initiated arguments for the GM as the correct mean.
The previous articles have centered around Professor Ibbotson’s famous example using a
binomial distribution with 50%-50% probabilities of a +30% and -10% return. The debate
has been very interesting, but it is off on a tangent, focused on the wrong issue.
There are theoretical and empirical reasons why the arithmetic mean is the correct one.
We will look at both in this article.
Theoretical Superiority of Arithmetic Mean
Rather than argue about Ibbotson’s much debated above example, I prefer to cite and
elucidate another quote from his book:
In general, the geometric mean for any time period is less than or equal to
the arithmetic mean...
Showed 18% of text Buy database access to get full access to all 184 988 essays
Calculate a fair price for your order
Do you need an essay?
A professional team of writers is able to craft custom essays from scratch according to your instructions. We are ready to satisfy writing needs of every demanding customer.
Do you need many essays?
The product provided is intended to be used for research or study purposes. Get instant access to over 200,000 papers.
Common topics in this essay:
- Steven Spielberg
- Steven Spielberg
- Steven Spielberg
- Steven Spielberg's "Schindler's List"
- Arithmetic vs. Geometric Means: Empirical
- Suppose the British economy is at long run equilibrium when it suffers an external shock due to a 15% increase in the price of oil, believed to be permanent.
- How does Steven Spielberg make the opening scene of Jaws so dramatic?
- How does the director, Steven Spielberg, create suspense, and scare the audience in the 1970's film, Jaws?
- Mccartney Songwriter
- Paul Mccartney: Six Feet Under?
- Steven Spielberg
- Advertising by Advocates in India
- Planning for the Future: The Legal Side of Death
- Clock Arithmetic
- Side by Side Comparison of Satellite Radio Deals Currently on the Market
Feedback of people who used our services.
Similar Essays:
1 pages / 207 words |
|||
2 pages / 374 words |
|||
3 pages / 810 words |
|||
2 pages / 475 words |
|||
3 pages / 800 words |
|||
2 pages / 401 words |
|||
2 pages / 496 words |