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Let f(z), $z=r{e}^{i\theta }$, be analytic in the finite disc |z| < R. The growth properties of f(z) are studied using the mean values $I_{\delta }\left(r\right)$ and the iterated mean values $N_{\delta ,k}\left(r\right)$ of f(z). A convexity result for the above mean values is obtained and their relative growth is studied using the order and type of f(z).