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StatsSimplified

Welcome to "StatsSimplified," your go-to destination for demystifying the world of statistics. We believe that statistics doesn't have to be complicated or overwhelming. Our blog is dedicated to making statistical concepts accessible and easy to understand for everyone, whether you're a seasoned data enthusiast or a newcomer to the world of numbers.

Merits and Demerits of Geometric Mean

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January 10, 2024

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Properties of Arithmetic Mean

January 04, 2024

Geometric Mean example (Grouped data)

January 08, 2024

Let’s consider the following grouped data to calculate the Geometric mean:

Arithmetic Mean

January 01, 2024

Arithmetic Mean: It is one of the measures of central tendency which represents the average of a numerical set of data. It is calculated by adding up the numbers and dividing it by the total number of observations in the data. It is simply called as ‘Mean’. · Formula: