Question

In: Statistics and Probability

Compute the weighted average (round to the nearest cent) for the following table of values: x...

Compute the weighted average (round to the nearest cent) for the following table of values:

x f(x)
$ 5 25
$ 20 11
$ 30 8
$ 75 3
$ 100 1

Also, what is the median dollar value from this data?

Compute the geometric mean return (rounded to 4 decimal places) for the following:

Year Return
1 15%
2 -20%
3 30%
4 -8%
5 25%

If you invested $1,200, how much would it be worth after 5 years (round to the nearest cent)?

When you answer the question put the 4 answers first, in this order and label like this:

Weighted Average:

Median value from the weighted average problem:

Geometric Mean Return:

What would be the value of $1,200:

And then explain the difference between weighted average and geometric mean.

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