If You Want to Estimate the Most Likely Return on Your

question 84

Multiple Choice

If you want to estimate the most likely return on your investment for the next year,you should use the ___________ based on past data because ____________.

• A) geometric average;the arithmetic average will be biased upward.
• B) geometric average;the arithmetic average will be biased downward.
• C) arithmetic average;the geometric average will be biased upward.
• D) arithmetic average;the geometric average will be biased downward.
• E) geometric average or the arithmetic average;they are both good measures of return.

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Definitions:

Our Common Future

A report published by the World Commission on Environment and Development in 1987, defining sustainable development and emphasizing the need for global cooperation to ensure environmental protection and economic growth.

Sustainable Marketing

A marketing approach that seeks to meet the needs of the present without compromising the ability of future generations, focusing on environmental, social, and ethical considerations.

Soy-Based Ink

An environmentally friendly ink made from soybeans, often used in the printing industry as a sustainable alternative to petroleum-based inks.

Fair-Trade

A trading partnership based on dialogue, transparency, and respect, aiming at greater equity in international trade by offering better trading conditions to, and securing the rights of, marginalized producers and workers.