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The 12-Month Rate of Returns Over a Three Year Period

question 38

Short Answer

The 12-month rate of returns over a three year period of a particular stock is 0.099, -0.289, and 0.089. The geometric mean rate of return for this stock is _______.


Definitions:

Lost Sale

A potential revenue that was not earned because of stockouts, inability to meet customer demand, or other sales process failures.

Random Number Intervals

A distribution of numeric values generated by a process where each number has an equal chance of being chosen within a specified range.

Historical Records

Documents, archives, or databases that preserve past information and events, serving as evidence or reference.

Demand Frequency

The rate or interval at which a product or service is requested or required by customers.

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