GEOMEAN(number1,[number2],...)
=GEOMEAN(D6:D10)-1
The GEOMEAN function is used to calculate the geometric mean of a set of numbers. This allows you to calculate the average of multiple numbers, taking into account their individual values. This example takes the geometric mean of the values in cells D6 to D10 and subtracts one from the result. This is useful for statistical analysis and other calculations.
=GEOMEAN(D6:D10)-1
The GEOMEAN function can be used to calculate the average growth rate over a set period of time. For example, if you have a list of stock prices from the beginning of the year to the end of the year, you can use the GEOMEAN function to calculate the average growth rate of the stock over that time period. For example, this formula takes the geometric mean of the values in cells D6 to D10 and subtracts one from the result. This will give you the average growth rate of the stock.
=GEOMEAN(D6:D10)-1
The GEOMEAN function can also be used to calculate the average of a set of numbers that are not all the same. For example, if you have a list of different types of fruits and their prices, you can use the GEOMEAN function to calculate the average price of the fruits. This example takes the geometric mean of the values in cells D6 to D10 and subtracts one from the result.
The GEOMEAN function is used to calculate the geometric mean of an array or range of data, which must be composed of positive numbers, arrays, or references. It is not compatible with logical values or text representations of numbers.