Dive deep into the concept of geometric mean, an essential statistical tool used for calculating the average return on investment over multiple periods, with clarity and wit.
Delve into the concept of geometric mean, a crucial statistical tool often used in finance and economics to determine average growth rates and optimize investment strategies.
Explore what average return means in the financial world, how it's calculated, and its practical implications for investors. Learn about simple arithmetic and geometric means in evaluating investment performance.
