Question
Easy
What will be the geometric mean of the following numbers ? 2, 0, 3, 6
1
1
2
0
3
2
4
3
Question Details
Time to Solve: 12
Exam: HTET
Level/Paper: Level 3
Chapter: Statistics for Economics
Topic: Measure of Central Tendency
Correct Answer
Option B
Explanation
The correct option is 2: Students, let's look closely at the concept of the Geometric Mean (GM). The Geometric Mean is primarily used for finding the average rate of change or growth rates and is calculated by finding the $n$-th root of the product of $n$ observations. The fundamental formula is $GM = \sqrt[n]{x_1 \times x_2 \times x_3 \times \ldots \times x_n}$. In our dataset (2, 0, 3, 6), one…Read More
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