Pros and Cons of the Geometric Mean
Pros:
- It is rigidly defined and its value is a precise figure.
- It is based on all observations.
- It is capable of further algebraic treatment.
- It is not significantly affected by fluctuation of sampling.
- It is not affected by extreme values.
Cons:
- It cannot be calculated if any of the observations are zero or negative.
- Its calculation is rather difficult.
- It is not easy to understand.
- It may not coincide with any of the observations.