Geometric Average

Business, Legal & Accounting Glossary

Definition: Geometric Average


Geometric Average

Quick Summary of Geometric Average


An alternative measure of the mean from the more common arithmetic average. It is calculated by multiplying all the observations together and dividing by the nth root.




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https://payrollheaven.com/define/geometric-average/
Modern Language Association (MLA):
Geometric Average. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
April 20, 2024 https://payrollheaven.com/define/geometric-average/.
Chicago Manual of Style (CMS):
Geometric Average. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/geometric-average/ (accessed: April 20, 2024).
American Psychological Association (APA):
Geometric Average. PayrollHeaven.com. Retrieved April 20, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/geometric-average/

Definition Sources


Definitions for Geometric Average are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 26th April, 2020 | 0 Views.