Define and explain the properties of geometric mean
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properties of the Geometric Mean
The main properties of the geometric mean are:
1.The geometric mean is less than the arithmetic mean, G.M<A.M
The product of the items remains unchanged if each item is replaced by the geometric mean.
2.The geometric mean of the ratio of corresponding observations in two series is equal to the ratios of their geometric means.
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are:
1.The geometric mean is less than the arithmetic mean, G.M<A.M
The product of the items remains unchanged if each item is replaced by the geometric mean.
2.The geometric mean of the ratio of corresponding observations in two series is equal to the ratios of their geometric means.
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