Question

The number of students at a local university increased from 2,000 students to 4,300 students in 10 years. Based on a geometric mean, the university grew at an average percentage rate of Multiple Choice 2,000 students per year. 1.080 percent per year. 8.0 percent per year. 200 students per year.

Name: the number of students at a local university increased from 2000 students to 4300 students in 10 years based on a geometric mean the university grew at an average percentage rate of multiple 02477
Uploaded: 2022-02-25T12:44:12-08:00
Duration: 1 min 33 s
Channel: Narayan Hari
Description: the number of students at a local university increased from 2000 students to 4300 students in 10 years based on a geometric mean the university grew at an average percentage rate of multiple 02477

          The number of students at a local university increased from
2,000 students to 4,300 students in 10 years. Based on a geometric
mean, the university grew at an average percentage rate of Multiple
Choice 2,000 students per year. 1.080 percent per year. 8.0 percent
per year. 200 students per year.

Added by Gema L.

Elementary Statistics a Step by Step Approach

Allan G. Bluman 9th Edition

Instant Answer

Solved by Expert Narayan Hari

02/25/2022

Step 1

To find the growth rate per year, we need to calculate the geometric mean of the initial number of students (2,000) and the final number of students (4,300) over the 10-year period. Geometric mean = (Final number of students / Initial number of Show more…

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The number of students at a local university increased from 2,000 students to 4,300 students in 10 years. Based on a geometric mean, the university grew at an average percentage rate of Multiple Choice 2,000 students per year. 1.080 percent per year. 8.0 percent per year. 200 students per year.