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Geometric Mean- formula, questions & imp. points : Central Tendency Lec-14
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Sorry I calculated AM and GM by wrong way @ 22:45 min. ...
CORRECT WAY -
first we shoud assume initial value 100. now,
5% of 100 = 105
8% of 100 = 108
77% of 100 = 177
now find AM And GM of 105, 108 and 177
AM = 130 & GM = 126.2
now compare it by initial value 100
according to AM it is 30% increase and according to GM it is 26.2% increase.
SORRY FOR INCONVENIENCE.
FOR NOTES AND QUESTIONS IN PDF CLICK ON THE WATSAPP LINK :
In this video we will discuss:
1. Geometric Mean for individual, discrete and continuous series
2. Important points about Geometric Mean
CORRECT WAY -
first we shoud assume initial value 100. now,
5% of 100 = 105
8% of 100 = 108
77% of 100 = 177
now find AM And GM of 105, 108 and 177
AM = 130 & GM = 126.2
now compare it by initial value 100
according to AM it is 30% increase and according to GM it is 26.2% increase.
SORRY FOR INCONVENIENCE.
FOR NOTES AND QUESTIONS IN PDF CLICK ON THE WATSAPP LINK :
In this video we will discuss:
1. Geometric Mean for individual, discrete and continuous series
2. Important points about Geometric Mean
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