The Geometric Mean of a Series of Returns Is Always

question 16

True/False

The geometric mean of a series of returns is always larger than the arithmetic mean, and the difference increases with the volatility of the series.

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Definitions:

Rewards

Benefits, compensation, or other forms of recognition provided to individuals as acknowledgment of their efforts or achievements.

Negative Habits

Repetitive behaviors that are detrimental to one's physical, emotional, or mental well-being.

Perception

The process by which individuals organize and interpret their sensory information to give meaning to their environment.

Ethical

Pertaining to or dealing with morals or the principles of morality; adhering to accepted standards of right and wrong behavior.