Interpretation, difficulty 2 of 3
The advertised average return
A fund's annual returns over four years were +30%, −20%, +25% and −15%. Its brochure states: “Average annual return: 5%.” What is the most accurate comment?
Practice
Practise until it sticks
Choose a topic, a skill or a difficulty. Calculation exercises have new versions with fresh numbers once you have solved them, so you can practise the method rather than memorise an answer.
← Back to the list · from Weighted and geometric means
Not started