I mean, as written, I’d want to avoid cases like 10% growth on paper while recovering from a pandemic that produced 0% growth the previous year.
The simplest way of doing this is probably to bet on whether there will be a yearly GWP/GDP that exceeds 110% of every previous year. For example, the sequence [1, 0.9, 1.05] would not count, even though the last jump represented 16.7% growth.
bet on whether there will be a yearly GWP/GDP that exceeds 110% of a previous year
Did you mean “that exceeds 110% of all previous years”? (To exclude steady growth that eventually goes over 110% in aggregate, like [1.0, 1.03, 1.06, 1.09, 1.12].)
The simplest way of doing this is probably to bet on whether there will be a yearly GWP/GDP that exceeds 110% of every previous year. For example, the sequence [1, 0.9, 1.05] would not count, even though the last jump represented 16.7% growth.
Did you mean “that exceeds 110% of all previous years”? (To exclude steady growth that eventually goes over 110% in aggregate, like [1.0, 1.03, 1.06, 1.09, 1.12].)
Yes, this is what I meant. I edited my original comment to correct my mistake.