Question: Annual growth rates for individual firms in
Annual growth rates for individual firms in the toy industry tend to fluctuate dramatically, depending on consumers’ tastes and current fads. Consider the following growth rates (in %) for two firms in this industry, Hasbro and Mattel. 
a. Calculate the geometric mean growth rate for each firm. b. Use the standard deviation to evaluate the variability for each firm. c. Which firm had the higher geometric mean growth rate? Which firm’s growth rate had greater variability?
Transcribed Image Text:
Year 2005 2006 2007 2008 2009 Hasbro 3.0 2.1 21.8 4.8 1.2 Mattel 1.5 9.1 5.7 -0.1 -8.2 Source: Annual Reports for Hasbro, Inc., and Mattel Inc.
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