Graphical representations of mean values Mike Mays Institute for Math Learning West Virginia...
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Transcript of Graphical representations of mean values Mike Mays Institute for Math Learning West Virginia...
Graphical representations of mean values
Mike Mays
Institute for Math Learning
West Virginia University
Why means?
Suppose you have a 79 on one test and an 87 on another, towards a midterm grade. B cutoff is 82. Do you have a B?
A(a,b) = (a+b)/2Arithmetic mean
Suppose you earn 6% interest on a fund the first year, and 8% on the fund the second year. What is the average interest over the two year period?
G(a,b) =Geometric mean
ab
Theorem: For a and b ≥ 0, G(a,b) ≤ A(a,b), with equality iff a=b.
a b
h
h/a=b/h
h2=a b
Interactive version
http://jacobi.math.wvu.edu/~mays/AVdemo/Labs/AG.htm
Morgantown is 120 miles from Slippery Rock. Suppose I drive 60mph on the way up and 40mph on the way back. What is my average speed for the trip?
H(a,b) = 2ab/(a+b)
Harmonic mean
Fancier interactive version
http://jacobi.math.wvu.edu/~mays/AVdemo/Labs/AGH.htm
A mean is a symmetric function m(a,b) of two positive variables a and b satisfying the intermediacy property
min(a,b) ≤ m(a,b) ≤ max(a,b)
Homogeneity: m(a,b) = a m(1,b/a)
Examples
ba
babaL
loglog),(
ba
babaC
22
),(
2),(
22 babaRMS
A, G, H
e
ba
baI
ba
b
a )/(1
),(
Algebraic approach 1: Powers
ppp
p
babaM
/1
2),(
Algebraic approach 2: Gini
11),(
ss
ss
s ba
babaG
Graphical approach: Moskovitz
a b
Mf
Fancier interactive version
http://math.wvu.edu/~mays/AVdemo/deployed/Moskovitz.html
Homogeneous Moskovitz means
Mf is homogeneous, f (1)=1 iff f is multiplicative
x
A 1
G
H x
C 1/x
Calculus: means and the MVT
Mean Value Theorem for Integrals (special case): Suppose f(x) is continuous and strictly monotone on [a,b]. Then there is a unique c in (a,b) such that
b
adxxfabcf )())((
Special case Vs(a,b) from f(x) = xs
• s → ∞ max• s = 1 A• s → 0 I• -1/2 (A+G)/2• -1 L• -2 G• -3 (HG2)1/3
• s → -∞ min
Numerical analysis 1: compounding
11 ),1(),1( bnAnnHa
211112 ),(),( bbaAnbaHa
),(),(),( baAbaGbaH
221
5.121.3333
4166.121.412
414.12
Numerical analysis 24 2 00 ba
12
122112
2
ba
babbaa
01
011001
2
ba
babbaa
23
233223
2
ba
babbaa
a0 = 2 b0 = 4
a1 = 2.8284 b1 = 3.3137
a2 = 3.06 b2 = 3.1825
a3 = 3.12 b3 = 3.1510
Thank you
• math.wvu.edu/~mays/
• Beckenbach, E. F. and Bellman, R. Inequalities. New York: Springer-Verlag, 1983
• Bullen, P. S.; Mitrinovic, D. S.; and Vasic, P. M. Means and Their Inequalities. Dordrecht, Netherlands: Reidel, 1988.