Question

    An analyst has data on wages for 100 individuals. The arithmetic mean of the log of wages is the same as:

    A Log of the geometric mean of wages Correct Answer Incorrect Answer
    B Log of the arithmetic mean of wages Correct Answer Incorrect Answer
    C Exponential of arithmetic mean of wages Correct Answer Incorrect Answer
    D Exponential of the log of arithmetic mean of wages Correct Answer Incorrect Answer

    Solution

    An analyst has data on wages for 100 individuals. The arithmetic mean of the log of wages is the same as Log of the geometric mean of wages.

    Practice Next