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Geometric Mean Index


The statistical index

 P_G=[product((p_n)/(p_0))^(v_0)]^(1/Sigmav_0),

where p_n is the price per unit in period n, q_n is the quantity produced in period n, and v_n=p_nq_n the value of the n units.


See also

Index

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References

Kenney, J. F. and Keeping, E. S. Mathematics of Statistics, Pt. 1, 3rd ed. Princeton, NJ: Van Nostrand, p. 69, 1962.

Referenced on Wolfram|Alpha

Geometric Mean Index

Cite this as:

Weisstein, Eric W. "Geometric Mean Index." From MathWorld--A Wolfram Web Resource. https://mathworld.wolfram.com/GeometricMeanIndex.html

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