Geometric mean (for the @CFA Level 1 exam)

Geometric mean (for the @CFA Level 1 exam) explores the properties of the geometric mean, also known as the timw-weighted rate of return (TWR) or the compound rate of growth

[@rithikpandey999]

Hii sir i direct calculated arithmetic mean and from there I found B Was the correct answer Is this approach correct or not

[@sriram181]

CFA should have a sub-certification for being able to use the calculator itself 😂

[@letmeexplaincfa]

Absolutely :)

[@travisbradfield1311]

Excellent quality

[@letmeexplaincfa]

Thank you!

[@CP-uv1uu]

Exactly what I needed for my studies. Great stuff

[@letmeexplaincfa]

Brilliant, great to hear!

[@GeniusAjinkya]

Thank you so much sir

[@letmeexplaincfa]

You are very welcome!

[@lean9128]

thank u so muchhhh

[@letmeexplaincfa]

You are very welcome👍

[@mohammedaldosari199]

Thank you so much

[@letmeexplaincfa]

You are very welcome👍

[@aravindsreenivas7996]

Thank you so much !!

[@letmeexplaincfa]

You are very welcome!

[@martincontreras6031]

awesome! can you do it in the calculator with function *MEM?

[@letmeexplaincfa]

Thank you🙏 No, there is no such function on the calculator

[@RamonLVillalona]

For the purpose of answering the question quickly, is it fair to say that since the geometric mean is always lower than the arithmetic mean, it would be easier to calculate arithmetic mean and choose the answer that is lower?

[@letmeexplaincfa]

Yes, in the exam you should use such shortcuts to save time.