Unweighted Average of Relatives Index

by | Jun 18, 2010 | Descriptive statistics | 3 comments

 

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Geometric Mean as average

 

unweighted average of relatives is calculated by using the formula of taking geometric mean as average. This calculation is shown in the table given below.

 

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Summary of Results

 

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3 Comments

  1. arslan
    arslan on April 11, 2011 at 3:51 pm

    what is *m in antilog formula

  2. Medya
    Medya on June 3, 2011 at 3:27 pm

    equal to the mean usage, m=no of commodities

  3. riya shrestha
    riya shrestha on January 26, 2014 at 10:00 am

    heplfull but not that informative

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