Estimates using the arithmetic average will probably tend


Estimates using the arithmetic average will probably tend to _____ values over the long-term while estimates using the geometric average will probably tend to _____ values over the short-term.

A. overestimate; overestimate

B. overestimate; underestimate

C. underestimate; overestimate

D. underestimate; underestimate

E. accurately; accurately

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Financial Management: Estimates using the arithmetic average will probably tend
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