Question
Download Solution PDFIf G is the G.M. of the product of r sets of observations. With geometric means G1, G2, G3, ……………, Gr respectively, then find the value of G?
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFConcept:
Geometric mean: The value which indicates the central tendency by using the product of the values of a set of numbers.
Formula: GM = (Product of all numbers in the set)1/n
Where, n = total numbers in the set
Example: 2, 3, 4, 5
GM = (2 × 3 × 4 × 5)1/4 = (120)1/4
Calculation:
G = G1 × G2 × G3 ……………….. × Gr
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