Demerits and merit-the geometric mean , Mathematics

The geometric mean

Merits

i.  This makes use of all the values described except while x = 0 or negative

ii.   This is the best measure for industrial increase rates

Demerits

i. The determination of the GM by utilizing logarithms is not familiar process to all those expected to use it as, managers

ii.  If the data contains zeros or -ve (negatie) values, the GM ceases to exist

Posted Date: 2/16/2013 6:31:48 AM | Location : United States





The weighted mean and harmonic mean

Merits – similar as the arithmetic mean

Demerits – similar as the arithmetic mean

Posted by | Posted Date: 2/16/2013 6:32:08 AM


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