Enter the numbers in your dataset to calculate the geometric mean.
The Geometric Mean is a type of average that is useful for sets of numbers with different ranges. It's often used to calculate average growth rates in finance and population studies.
The Geometric Mean (GM) of n numbers is calculated using the formula:
\[ GM = \sqrt[n]{x_1 \times x_2 \times ... \times x_n} \]
Where:
Let's calculate the Geometric Mean of the numbers 2, 4, and 8:
Therefore, the Geometric Mean is 4.
This diagram illustrates the Geometric Mean of 2, 4, and 8. The bars represent the input numbers, and the dashed red line shows the Geometric Mean at 4.