Geometric Average

Business, Legal & Accounting Glossary

Definition: 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. September 21, 2021 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: September 21, 2021).
American Psychological Association (APA):
Geometric Average. PayrollHeaven.com. Retrieved September 21, 2021, 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.