Geometric mean, Applied Statistics

Assignment Help:

Geometric Mean

The geometric mean   of numbers is defined as the th root of the product of numbers .It is obtained by multiplying all the values of a variable and then extracting nth root of the product. Symbolically,

 G.M. =√(X1)(X2)..............(x4)

Where means the various values in the variable and n=number of items.

In order to facilitate calculation, logarithms are used in calculation .Using logarithms the following formula is used for its calculation;

Calculation of Geometric Mean (Individual Observation)

 It is calculated with  the help  of logarithms  and involves  following  steps:

(1)   The logarithms of logs are found of the given values   with the help of logarithm table.

(2)   The logs so obtained are added.

(3)     The total of logs is divided by  the number  of items

(4)   The antilog is found out of the quotient 


Related Discussions:- Geometric mean

Population census, what are the challenges affecting population census in d...

what are the challenges affecting population census in developing countries

LINEAR PROGRAMMING FOR SOLVNG INEQUALITIES, To use Linear Programming for s...

To use Linear Programming for solving the following inequalities. Following Twin Conditions (as mandated by the Indian Regulatory Authority) Twin Condition I for TV Broadcasters

Type of variable in regression analysis, Type of Variable in Regression Ana...

Type of Variable in Regression Analysis There are two types of variable in regression analysis. These are: a.      Dependent variable b.      Independent variable

Lorenz curve , Lorenz Curve   It is a graphic method of measur...

Lorenz Curve   It is a graphic method of measuring dispersion. This curve was devised by Dr. Max o Lorenz a famous statistician.  He used this technique for wealth it i

Linear regression mode, The State Department of Taxation wishes to investig...

The State Department of Taxation wishes to investigate the effect of experience, x, on the amount of time, y, required to fill out Form ST 1040AVG, the state income-averaging form.

Index number , how to write result in the end of price index number problem...

how to write result in the end of price index number problem

Solve linear programming problem using the simplex method, Question: (a...

Question: (a) Shale Oil, located in the island of Aruba, has a capacity of 600,000 barrels of crude oil per day.  The final products from the refinery include two types of unle

Evaluate minimum capability requirement, You are currently working wit...

You are currently working with a supplier who is producing a shaft whose diameter specification is 6.00 ± .003 inches.  Currently, the process is yielding shafts wit

Time series, Year Production 2006 8 2007 6 2008 10 2009 12 2010 11 2011 15 ...

Year Production 2006 8 2007 6 2008 10 2009 12 2010 11 2011 15 2012 14 2013 16 Determine the trend from data given above?

Expected average time, Question: A car was machine washes each car in 5 min...

Question: A car was machine washes each car in 5 minutes exactly. It has been estimated that customers will arrive according to a Poisson distribution at an average of 8 per hour.

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd