Q:

The geometric mean g of n numbers xi is defined as the nth root of the product of xi:

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 The geometric mean g of n numbers xi is defined as the nth root of the product of xi:

(This is useful, for example, in finding the average rate of return for an investment which is something you’d do in engineering economics). If an investment returns 15% the first year, 50% the second, and 30% the third year, the average rate of return would be (1.15*1.50*1.30)^⅓ . ) Compute this. 

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>> x1 = 1.15; >> x2 = 1.5; >> x3 = 1.3; >> gmean = nthroot(x1*x2*x3, 3) gmean = 1.31

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