Math, asked by fatema5597, 23 days ago

why geometric mean is used in index number?

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Answered by ronalsamaddar

Answer:

In statistics, the geometric mean is calculated by raising the product of a series of numbers to the inverse of the total length of the series. The geometric mean is most useful when numbers in the series are not independent of each other or if numbers tend to make large fluctuations.

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why geometric mean is used in index number?​

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why geometric mean is used in index number?