Answer :
The mean yearly growth rate for this period is 0.0036.
Define annual growth rate.
The average annualized return of a portfolio, asset, or cash flow over time is known as the average annual growth rate, or AAGR. The basic arithmetic mean of a set of returns is used to calculate AAGR.
The change in a measurement's value over a year is known as the annual growth rate (AGR).
The sum of the growth rates for each year divided by the total number of years yields the mean growth annual rate.
Where the annual growth rate is calculated as follows: 5.5 + 1.1 - 3.5 - 1.1 + 1.8 = 3.8%
And the total number of years is 5.
Then ,
The average annual growth rate for this time period is = 3.8/5
Over this time span, the average yearly growth rate was 0.76%.
Make a decimal conversion
= 0.76% = 0.0076
Therefore, the mean yearly growth rate for this period is 0.0036.
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