CUET Mathematics - Which of the following is not correct about the Compound Annual Growth Rate (CAGR)? | PYQs + Solutions

CUET Mathematics 2025 21 May Shift 2

Statistics & Applications

Medium

applied

It can be used to demonstrate and compare the performance of investment advisors.

It can be used to compare the historical returns of stocks with bonds or with a savings account.

It can be used to track the performance of various business measures of one or multiple companies alongside one another.

It is calculated by taking the arithmetic mean of series of returns.

✅ Correct Option: 4

CUET Mathematics 2025 21 May Shift 2 PYQs