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what is the formula for geometric average. For n numbers present to calculate the geometric mean formula all the numbers are multiplied together and then the n th root of the same is taken. GEOMEAN 4 9 returns 6.
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In mathematics the geometric mean is a mean or average which indicates the central tendency or typical value of a set of numbers by using the product of their values. The above is the most commonly used geometric average formula using the square root symbol with the nth root of the rates. N is the total number of sub-periods for which return is available.
In mathematics the geometric mean is a mean or average which indicates the central tendency or typical value of a set of numbers by using the product of their values.
Lets understand using two simple examples. Where n is number of numbers and X1Xn are the numbers from the first to the n-th. 4 9 1 2 36 1 2 6. The formula for calculating the geometric mean is.
