In an era driven by complex data, scientists are increasingly encountering information that doesn't lie neatly on flat, ...
In the investment world, it’s common to discuss average rates of return. It’s not sufficient, however, to simply add up historical returns and divide by how many there are. The proper way to calculate ...
A. M. Fink and Max Jodeit, Jr. It is shown that the arithmetic mean of $x_1 w_1,\ldots, x_n w_n$ exceeds the geometric mean of $x_1,\ldots, x_n$ unless all the $x$'s ...
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