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[Methodological approach to calculating average growth (increment) rates in epidemiological analysis]
Summary
For calculating growth rates using the geometric mean, use least-square method line characteristics instead of actual data. Actual data is only suitable for monotonous growth trends.
Area of Science:
- Statistics
- Econometrics
Context:
- Analysis of dynamic data series.
- Calculation of average growth rates.
Purpose:
- To determine the most accurate method for calculating the average rate of growth using the geometric mean.
- To evaluate the applicability of using actual data versus trend lines.
Summary:
- The study recommends using the characteristics of a straight line derived from the least-square method for calculating the average rate of growth (increase) via the geometric mean.
- Actual data points are advised for use only when the measured characteristic exhibits monotonous change.
Impact:
- Provides a more robust method for growth rate calculation in dynamic series.
- Improves the accuracy of economic and statistical modeling.