I need help with this question: I am studying business statistics and it has been 6 years since college algebra...
In 1996 a totoal of 14,968,000 taxpayers in the United States filed their individual tax returns electronically. By the year 2005 the number increased to 68,476,000. What is the geometric mean annual increase for the period?
The examples prior to this problem showed the formula to figure the geometric mean. What I can't remember is how to actually implement all the stuff in the formula!
In 1996 a totoal of 14,968,000 taxpayers in the United States filed their individual tax returns electronically. By the year 2005 the number increased to 68,476,000. What is the geometric mean annual increase for the period?
The examples prior to this problem showed the formula to figure the geometric mean. What I can't remember is how to actually implement all the stuff in the formula!