Where n is the total number of values and xi x2 x1. 5th Square Root of 1 0051 011 021 051 02 1 -003621. The geometric mean is relevant on certain sets of data and is different from the arithmetic mean.
The formula for evaluating geometric mean is as follows if we have n number of observations.
I have been using the summary statistics feature on SAS but I am not sure how to calculate the geometric mean. The formula is equivalent to. 3000033000 12 314633. As you can see the ratios are the same.