What is not a legitimate reason why people use the


What is NOT a legitimate reason why people use the arithmetic average.

The arithmetic average easy to compute.

Numbers are not very different if volatility is low.

Portfolio return is weighted arithmetic average.

Arithmetic average is an unbiased estimate for the expected return.

Arithmetic average is higher than geometric average.

Request for Solution File

Ask an Expert for Answer!!
Financial Management: What is not a legitimate reason why people use the
Reference No:- TGS02342707

Expected delivery within 24 Hours