geometric mean is better than other means when
Answers
Answered by
0
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 (as opposed to the arithmetic mean which uses their sum
Answered by
1
Answer:
The arithmetic mean is more useful and accurate when it is used to calculate the average of a data set where numbers are not skewed and not dependent on each other. However, in the scenario where there is a lot of volatility in a data set, a geometric mean is more effective and more accurate.
Similar questions