Homework Soursethe US federal aviation administration reported that passeng
the U.S. federal aviation administration reported that passenger revenues on international flught increased from $528 million in 1986 to $5,100 million in 2009. what is the geometric mean annual percent increase in international passenger revenue?
the U.S. federal aviation administration reported that passenger revenues on international flught increased from $528 million in 1986 to $5,100 million in 2009. what is the geometric mean annual percent increase in international passenger revenue?
Solution
1- (5,100,000,000/528,000,000)^(1/(2009-1986) = .1036 or 10.36%
