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if we want to calculate annual increase in a firm then which of the following average will be used?

Question

if we want to calculate annual increase in a firm then which of the following average will be used?
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Solution 1

To calculate the annual increase in a firm, you would typically use the arithmetic mean. This is because the arithmetic mean is the most common type of average used when you want to find the middle value of a data set.

Here are the steps to calculate it:

  1. Add up all the values: You would add up Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI  is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI  is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI  is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI  is a powerful AI-powered study tool designed to help you to solve study problem.
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