Generalized quasi-arithmetic means extend the classical concept of averaging by employing continuous, strictly monotonic functions to transform and then re-transform data. Originally introduced to ...

The simple definition of a mean is that of a numeric quantity which represents the center of a collection of numbers. Here the trick lies in defining the exact type of numeric collection, as beyond ...

Chris Gallant, CFA, is a senior manager of interest rate risk for ATB Financial with 10 years of experience in the financial markets. Vikki Velasquez is a researcher and writer who has managed, ...