Task: Class Definition Understanding (ontology: Business_Finance/Financial_Industry_Business_Ontology)

Which of the following definitions best describes 'geometric mean'?

A. sum of a collection of numbers divided by the number of numbers in the collection
B. average of the absolute deviations from a central point
C. mean that indicates the central tendency or typical value of a set of numbers by using the product of their values (as opposed to the arithmetic mean which uses their sum)
D. value of the variate dividing the total frequency of a data sample, population, or probability distribution, into two halves

Answer: mean that indicates the central tendency or typical value of a set of numbers by using the product of their values (as opposed to the arithmetic mean which uses their sum)