Overview
In statistics and mathematics, the "mean" encompasses the Pythagorean means: the Arithmetic Mean (standard additive average), the Geometric Mean (multiplicative rate average), and the Harmonic Mean (rate/ratio average). This free Mean Calculator computes all three classical means simultaneously for any dataset.
Understanding all three means is essential: financial compound growth rates require geometric means, velocity and fuel efficiency calculations demand harmonic means, and standard distributions rely on arithmetic means.
Worked Examples
Example 1: Pythagorean Means for [14, 22, 28, 36, 40]
Dataset: 14, 22, 28, 36, 40 (n = 5)
- Arithmetic Mean: (14 + 22 + 28 + 36 + 40) ÷ 5 = 140 ÷ 5 = 28.00.
- Geometric Mean: (14 × 22 × 28 × 36 × 40)^(1/5) = 26.06.
- Harmonic Mean: 5 ÷ (1/14 + 1/22 + 1/28 + 1/36 + 1/40) = 24.16.
Final Answer: AM: 28.00, GM: 26.06, HM: 24.16
Example 2: Average Speed over a Round Trip (60 mph and 40 mph)
Dataset: 60, 40 (Harmonic Mean applied to rates)
- Harmonic Mean = 2 ÷ (1/60 + 1/40) = 2 ÷ (2/120 + 3/120) = 2 ÷ (5/120) = 48 mph.
Final Answer: 48.00 mph (Harmonic Mean)
Example 3: Compound Investment Growth Multipliers (1.10, 1.25, 1.05)
Dataset: 1.10, 1.25, 1.05 (Geometric Mean applied to growth)
- Product: 1.10 × 1.25 × 1.05 = 1.44375.
- Cube root: 1.44375^(1/3) = 1.1302 (13.02% annualized return).
Final Answer: 1.1302 (Geometric Mean)