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Phillips Generalized Mean
Phillips (2000) suggests the following generalized mean. The mean is quite general that it can cover arithmetic mean, quadratic mean, harmonic mean and others. Suppose we have a continuous monotonic function
Extending the generalized mean to
I hope you remember the definition of inverse function that if
Example:
Example:
Example:
Example:
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Preferable reference for this tutorial is Teknomo, Kardi. Mean and Average. http:\\people.revoledu.com\kardi\ tutorial\BasicMath\Average\
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