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how to calculate geometric mean using arithmetic mean. You can also use the logarithmic functions on your calculator to solve the geometric mean if you want. Using the formula for GM the geometric mean of 4 and 3 will be.
Both Geometric Mean vs Arithmetic Mean are the tools to calculate the returns on investment in finance and also used in other applications such as economics statistics. Find geometric mean using the formula. Unlike ordinary mean geometric mean multiplies N values and take Nth root of the product.
However the actual formula and definition of the geometric mean is that it is the nth root of the product of n numbers or.
Arithmetic mean of 102030 1020303 603 20. Hence the Geomean of 30000 and 33000 is calculated as. Arithmetic mean of 102030 1020303 603 20. N 5 is the total number of values.