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Geometric Mean and Harmonic Mean: Presented by Bidisha Sarkar

The document discusses different types of means, including the geometric mean and harmonic mean. [1] The geometric mean is the nth root of the product of a data set of n values. [2] It gives relatively more weight to smaller observations. [3] The harmonic mean is calculated by dividing the number of terms by the sum of the reciprocals and is always the lowest of the three common means.

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Rohit Goyal
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94 views

Geometric Mean and Harmonic Mean: Presented by Bidisha Sarkar

The document discusses different types of means, including the geometric mean and harmonic mean. [1] The geometric mean is the nth root of the product of a data set of n values. [2] It gives relatively more weight to smaller observations. [3] The harmonic mean is calculated by dividing the number of terms by the sum of the reciprocals and is always the lowest of the three common means.

Uploaded by

Rohit Goyal
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PPTX, PDF, TXT or read online on Scribd
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Geometric Mean and Harmonic Mean

Presented By
Bidisha Sarkar

MISSION VISION CORE VALUES


CHRIST is a nurturing ground for an individual’s Excellence and Service Faith in God | Moral Uprightness
holistic development to make effective contribution to Love of Fellow Beings
the society in a dynamic environment Social Responsibility | Pursuit of Excellence
CHRIST
Deemed to be University

Introduction

The Geometric Mean (GM) is the average value or mean which signifies
the central tendency of the set of numbers by finding the product of their
values. In mathematics and statistics, measures of central tendencies
describe the summary of whole data set values. The most important
measures of central tendencies are mean, median, mode, and range.
Among these, the mean of the data set provides the overall idea of the
data. The mean defines the average of numbers in the data set. The
different types of mean are Arithmetic Mean (AM), Geometric Mean
(GM), and Harmonic Mean (HM).

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CHRIST
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Geometric Mean

The Geometric Mean (G.M) of a data set containing n observations is the


nth root of the product of the values. Consider, if x₁, x₂, ..., xₙ are the
observations, for which we aim to calculate the geometric mean. The
formula to calculate the geometric mean is given below:
● GM = √x₁ · x₂ · ... · xₙ
● or
● GM = (x₁ · x₂ · ... · xₙ)1/n
● It is also represented as:
● G.M. = √∏ᵢ₌₁ⁿ xᵢ

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Advantages of Geometric Mean

The main advantages of geometric mean are listed below:

• It is rigidly determined.
• The calculation is based on all the terms of the sequence.
• It is suitable for further mathematical analysis.
• Fluctuation in sampling will not affect the geometric mean.
• It gives relatively more weight to small observations.

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Disadvantages of Geometric Mean

The disadvantages of geometric mean are given below

• One of the main drawbacks of the geometric mean is that if any one
of the observations is negative, then the geometric mean value will be
imaginary despite the quantity of the other observations.
• Due to complex numerical character, it is not easy to understand and
to calculate for a non-mathematics person.
• In case of open end distribution, geometric mean cannot be obtained.
• Because of difficulty in calculation and complex to understand, it is
not commonly used method.

• -2, 0,5, 8, 9, 12

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Harmonic Mean

Harmonic mean is a type of Pythagorean mean. When we divide the


number of terms in a data series by the sum of all the reciprocal terms we
get the harmonic mean. The value of the harmonic mean will always be
the lowest as compared to the geometric and arithmetic mean.
2, 4, 8, 12, 15, 112

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Advantages of Harmonic Mean


●  Rigidly Defined Method
Value of harmonic mean is always fixed as it is rigidly defined.
● Based On Observations
Harmonic mean is totally based on all the items or observations of the
series. So, all the items are required to determine it.
●  No Any Effect
Like geometric mean, harmonic mean is also not affected by sampling
fluctuations.
● Useful For Further Treatment
Harmonic mean is suitable for algebraic calculation and other
mathematical treatments.
● Appropriate For Rate And Time
Harmonic mean is suitable for the computation of average of time, rate
and ratios.

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Deemed to be University

Disadvantages of Harmonic Mean

● Complex Method
Calculation of harmonic mean is a difficult process. Good
mathematical knowledge is required to compute it. So, it is
complex to determine and hard to understand.
 Unobtainable
Harmonic mean cannot be obtained if the value of any item in the
series is zero.
● Limited Scope
Its scope is limited than arithmetic mean.
● High Effect
Harmonic mean is highly affected by the extreme values in the
series.

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