The question of the physical significance of the Mueller matrix average is addressed by means of an analysis of interpolation processes. We draw a comparison between two interpolation processes. The first one is related to the classical Euclidean metrics and the second one is based on the log-Euclidean metrics. Both the associated interpolation procedures are depicted with their underlying physical models. Addressing the question of the physical meaning of the log-Euclidean process of interpolation is founded on a very similar approach to the layered-medium interpretation proposed by
Jones [J. Opt. Soc. Am.
38, 671 (1948)]
in the seventh paper of his series. Based on the analysis of their respective properties, we eventually show that the choice between both these interpolation processes may depend on what statistical situation is considered or what underlying physical model is assumed.