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what is the example of geometric mean. In particular this means that when a set of non-identical numbers is subjected to a mean-preserving spread that is the elements of the set are spread apart more from each other while leaving the arithmetic mean unchanged their geometric mean decreases. Which is 16 millimeters or about the thickness of a coin.
How to use geometric mean in a sentence. For example for a set of 2 numbers such as 24 and 1. In general the geometric mean of n numbers x 1 x 2 x 3x n is given by.
If you have 10000 and get paid 10 interest on that 10000 every year for 25 years the amount of interest is 1000 every year for 25 years or 25000.
For example if you multiply three numbers the geometric mean is the third root of the product of those three numbers. The geometric mean for the given set of two numbers is equal to 24 1 25 5. Example of the Geometric Mean in Finance. Consider a stock that grows by 10 in year one declines by 20 in.