Geometric Mean Formula Excel
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Geometric Mean Formula Excel
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Excel Finance Class 97 Using Geometric Mean Arithmetic Mean To
The GEOMEAN function calculates the geometric mean of a set of numbers by returning the nth root of n numbers Hence the Geomean of 30000 and 33000 is calculated as 30000 33000 1 2 31463 3 The arithmetic mean would be 30000 33000 2 31500 Syntax. GEOMEAN ( number1, number2, .) Number1,number2,. are 1 to 30 arguments for which you want to calculate the mean. Remarks. The arguments must be either numbers or column references that contain numbers.
How To Calculate Geometric Average In Excel With GEOMEAN Microsoft
Geometric Mean Formula ExcelWhat Is GEOMEAN Function In Excel? The Geometric Mean or the GEOMEAN Excel function calculates the average growth rate or the rate of return with variable rates in a given dataset. The geometric mean is different from the arithmetic mean and is always less than the arithmetic mean/average. This article describes the formula syntax and usage of the GEOMEAN function in Microsoft Excel Description Returns the geometric mean of an array or range of positive data
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