The simple definition of a mean is that of a numeric quantity which represents the center of a collection of numbers. Here the trick lies in defining the exact type of numeric collection, as beyond ...

Discover why investors prefer the geometric mean for assessing portfolio performance due to its compounding effect, and learn how it differs from the arithmetic mean.

The simplest way to find the average (mean) of a set of numbers is to use the AVERAGE function. This calculation gives you the arithmetic mean, which sums up all the numbers and divides the result by ...