The geometric mean is often used in business and economics for finding average rates of​ change, average rates of​ growth, or average ratios. Given n values​ (all of which are​ positive), the...

The geometric mean is often used in business and economics for finding average rates of​ change, average rates of​ growth, or average ratios. Given n values​ (all of which are​ positive), the geometric mean is the nth root of their product. The average growth factor for money compounded at annual interest rates of 12.4​%, 7.3​%, and 1.1​% can be found by computing the geometric mean of 1.124​, 1.073​, and 1.011. Find that average growth​ factor, or geometric mean. What single percentage growth rate LOADING...would be the same as having three successive growth rates of 12.4​%, 7.3​%, and 1.1​%? Is that result the same as the mean of 12.4​%, 7.3​%, and 1.1​%?

The average growth​ factor, or geometric​ mean, is nothing.

​(Round to four decimal places as​ needed.)