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May 27th, 2013, 03:00 AM  #1 
Newbie Joined: May 2013 Posts: 3 Thanks: 0  Statistics (Measures of Central Tendency)
Help me to solve the following statistical exercise: A man gets three successive annual increments in salary of 20%, 30% and 25%, each percentage being reckoned on his salary at the end of the previous year. How much better or worse off would he have been if he had been given 3 annual increments of 25% each, reckoned in the same way? 
May 27th, 2013, 03:49 AM  #2 
Math Team Joined: Nov 2010 From: Greece, Thessaloniki Posts: 1,990 Thanks: 133 Math Focus: pre pre pre pre pre pre pre pre pre pre pre pre calculus  Re: Statistics (Measures of Central Tendency) [color=#000000] so what do you think?[/color] 
May 27th, 2013, 07:47 AM  #3 
Newbie Joined: May 2013 Posts: 3 Thanks: 0  Re: Statistics (Measures of Central Tendency)
Thank u

May 27th, 2013, 11:47 PM  #4 
Newbie Joined: May 2013 Posts: 3 Thanks: 0  Re: Statistics (Measures of Central Tendency)
So what would be the appropriate equation, to solve this problem, where use of logarithm and antilogarithm is necessary. Pls help me


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central, measures, statistics, tendency 
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