GEOMETRIC MEAN Submitted to : Sir Umar Work Distribution: Ghayoor Abbas (Introduction) Awais Ghaffar (Questionx..) Syed Saleh Haider (Geometric mean for ungroup data) Sohail Waqar (Questionx of ungroup data) Sajawal Hussain (Geometric mean for group data) M. Shoaib Malik (Questionx of group data) Definition :The geometric mean ‘G’ of ‘n’ positive values is defined as the nth root of their product. Thus it is obtained by multiplying together all the ‘n’ values and then taking the nth root of the product. G =[𝑥1 . 𝑥2 . 𝑥3 … … . . 𝑥𝑛 ]1/𝑛 = n: number of observations x: various values. 𝑛 𝑥1 . 𝑥2 . 𝑥3 … … . . 𝑥𝑛 The relation connecting arithmetic geometric mean and harmonic mean mean, Arithmetic Mean ≥ Geometric Mean ≥ Harmonic Mean Uses of Geometric Mean : Find the average percentage in sales, production etc. Find the index numbers since it shows the relative change. When large weights are given to small items and small weights are given to large items, the best measure of central tendency is Geometric Mean. That is, when there are extreme values, the best measure of central tendency to be used is Geometric Mean. Properties of geometric mean : The geometric mean is less than arithmetic mean, i.e. G.M<A.M. The product of the items remains unchanged if each item is replaced by the geometric mean. The geometric mean of the ratio of corresponding observations in two series is equal to the ratios of their geometric means. The geometric mean of the products of corresponding items in two series is equal to the product of their geometric means. Merits And Demerits Of Geometric Mean :Merits : Geometric Mean is calculated observations in the series. based on all Geometric Mean is clearly defined. Geometric Mean is not affected by extreme values in the series. Geometric Mean is amenable to further algebraic treatment. Geometric Mean is useful in averaging ratios and percentages. Demerits : Geometric Mean is difficult to understand. We cannot compute geometric mean if there are both positive and negative values occur in the series. We cannot compute geometric mean if one or more of the values in the series is zero. Question no 1: Question no 2 : Sequences : Arithmetic Sequence: Is a pattern of numbers where any term (number in the sequence) is determined by adding or subtracting the previous term by a constant called the common difference. Example: 2, 5, 8, 11, 14, 17 , 20 , 23 Common difference = 3 Geometric Sequence: Is a pattern of numbers where any term (number in the sequence) is determined by multiplying the previous term by a common factor. Example: 2, 6, 18, 54, 162, 486 , 1458 , 4374 Common difference = 3 Geometric Mean : Fact Consecutive terms of a geometric sequence are proportional. Example: Consider the geometric sequence with a common factor 10. 4 , 40 , 400 4 40 cross-products are equal = 40 400 (4)(400) = (40)(40) 1600 = 1600 Therefore … To find the geometric mean between 7 and 28 ... X , 28 7 , ___ label the missing term x 7 write a proportion cross multiply solve X X 2 = (7)(28) X2 = 196 = X 28 X 2 = 196 X = 14 Geometric Mean (Ungroup-data) Formula : G = Antilog ( 𝑙𝑜𝑔𝑥 𝑛 ) where : Log x = log of x Σ logx = sum of (log x) values n = Total number of values Geometric Mean (Ungroup-data) Example : Find the geometric mean of the following values: 4, 6, 10, 15, 100. Step 1 : Find the log of the Given values X Log x 4 0.6024 6 0.7781 10 1.0000 15 1.1760 100 2.0000 Geometric Mean (Ungroup-data) Step 2 : Add the Values ∑logx = 0.6024 + 0.7781 + 1.0000 + 1.1760 + 2.0000 = 5.5505 Step 3 : Calculate the total numbers and there are 5 numbers, So n=5. Step 4 : Divide the values = ∑logx/n = 5.5505/5 = 1.1101 Step 5 : Taking Antilog = Antilog (1.1101) = 12.8854 Answer : Geometric Mean = 12.8854 Question no 1 Question no 2 Geometric Mean (Group-data) Formula : G = Antilog ( 𝑓𝑙𝑜𝑔𝑥 𝑓 ) where : Log x = log of given values (f.Logx) = Multiplying values of logx with f Σ (f.logx) = Sum of (f.logx) values Σf = sum of f (frequency) Geometric Mean (Group-data) Example : Find the geometric mean of the following data: Marks: 0-10, 10-20, 20-30, 30-40, 40-50 No of Students (f) : 4, 8, 10, 6, 7 Step 1 : Find X through distribution of marks Class X=(starting limit + ending limit)/2 0-10 (0+10)/2 = 5 10-20 (10+20)/2 = 15 20-30 (20+30)/2 = 25 30-40 (30+40)/2 = 35 40-50 (40+50)/2 = 45 Geometric Mean (Group-data) Step 2 : Find the log of x x Log x 5 0.6990 15 1.1761 25 1.3969 35 1.5441 45 1.6532 Geometric Mean (Group-data) Step 3 : Multiply logx values with f f Log x (f.logx) 4 0.6990 2.7960 8 1.1761 9.4088 10 1.3969 13.9790 6 1.5441 9.2646 7 1.6532 11.5724 Step 4 : Finding Σ (f.logx) by Adding the values of (f.logx) 2.7960+9.4088+13.9790+9.2646+11.5754= 47.0208 Geometric Mean (Group-data) Step 5 : Find Σf By adding the values of f 4 + 8 +10 + 6 + 7 = 35 Step 6 : Find ( 𝑓𝑙𝑜𝑔𝑥 𝑓 ) 47.0208/35 = 1.3435 Step 7 : Taking Antilog ( 𝑓𝑙𝑜𝑔𝑥 𝑓 ) Antilog (1.3435) = 22.06 Answer : Geometric Mean = 22.06 Geometric Mean (Discrete series) Formula : G = Antilog ( 𝑓𝑙𝑜𝑔𝑥 𝑁 ) Geometric Mean (Discrete series) Example 1: Calculate the geometric mean of the following data: X= 12 13 14 15 16 17. F= 5 4 4 3 2 1. X F Log x F x Logx 12 5 1.0792 5.3960 13 4 1.1139 4.4556 14 4 1.1461 4.5844 15 3 1.1761 3.5283 16 2 1.2041 2.4092 17 1 1.2304 1.2304 Total 19 21.6029 Geometric Mean (Discrete series) f∑logx=21.6029 and N = 19 = Antilog of 21.6029/19 = Antilog of 1.1371 = 13.71 Answer: Geometric Mean = 13.71 Question no 1 Find the geometric mean of the following data: Marks: 60-80, 80-100, 100-120, 120-140, 140160, 160-180, 180-200. No of Students (f) : 5, 14, 17, 10, 1, 0 Question no 2 Calculate the geometric mean of the following data: X= 1,2,3,4,5,6,7. F= 7,6,5,4,3,2,1. Any