Post
Topic
Board Bitcoin Discussion
Re: Calculating the BTC/USD Exchange Rate
by
timmo11
on 07/06/2011, 02:08:04 UTC
While writing this someone mentioned the geometric mean, I *love* the geometric mean.  I use it for situations where you are selling to a friend instead of a store.  It is a way for the savings to be proportional.

How come it is fairer than the arithmetic mean?