The Geometric Average Return Will Always Be Above the Arithmetic

question 30

True/False

The geometric average return will always be above the arithmetic average return, and the difference grows with the volatility of the annual returns.

---

Definitions:

Book of Mormon

A sacred text of the Latter Day Saint movement, which followers believe to be a historical record of God's dealings with ancient inhabitants of the Americas.

Native Americans

The native populations in the United States, comprising both American Indian and Alaska Native communities.

Middle East

A transcontinental region centered on Western Asia and Egypt, characterized by its historical, cultural, religious, and geopolitical significance.

Divine

Pertaining to, or of the nature of God or a god; sacred.