Harmonic mean, Applied Statistics

Assignment Help:

Harmonic Mean

 The harmonic mean  also called harmonic  average, in the total numbers of items of variable divided by the sum of r reciprocals of the values of the variable. In the words of W. I.G reenwald, the harmonic mean is defined as the reciprocal of the arithmetic mean of the reciprocals of a serried.  For its calculations we must first learn the reciprocals.

Reciprocals the reciprocal of a value is that quotient obtained by diving  i with the given value. For example, reciprocal of the value 2 will be ½  or 0.5  of the value 1/4 or 0.25 and so on .Reciprocals can be computed  with the help of tables given in appendix with the tables in appendix. 

Use of Harmonic Mean: 

This measure of averages can be used in the following cases:

(1)   To compute average speed. When speed is given in kilometres per hour, distance is variable and time  is  constant. On the other hand when speed is given in minutes for each kilometric time is variable and distance would be constant.

(2)   To find out average of prices:  When rate may be as follows:

(3)   To study about velocity etc, it is a useful average. In short we may say  that harmonic mean  is useful in averaging rates and ratios where time factor is  variable and the act being performed ( say distance covered )is constant. The example given will clarify this point. 


Related Discussions:- Harmonic mean

What are the hypotheses, Assume that a simple random sample has been select...

Assume that a simple random sample has been selected from a normally distribute population and test the given claim. Identify the null and alternative hypotheses, test statistic,

Research tool, what are the characteristics of research tool?

what are the characteristics of research tool?

Small sample test for mean, If the sample size is less than 30, then we nee...

If the sample size is less than 30, then we need to make the assumption that X (the volume of liquid in any cup) is normally distributed. This forces    (the mean volume in the sam

General algebraic and quantitative expressions, Read the following data on ...

Read the following data on the economy of Angoia and answer/respond to the questions/instructions that follow. Unless otherwise stated, the monetary figures are in real billions o

BMI, Identify the (time, censor) pair for each of the following analyses:

Identify the (time, censor) pair for each of the following analyses:

Classification of universe, Classification of Universe The universe may...

Classification of Universe The universe may be classified either on the basis of number of units and on the basis   of existence of units as is clear from the following chart :

Graphical calculation for mode, For calculating the mode of the grouped dat...

For calculating the mode of the grouped data graphically, the following procedure is adopted. Draw a histogram of the data; the modal class is the tallest rectangle.

Calculate unbiased estimate of the variance, This question has two parts wi...

This question has two parts with multiple items to answer. You are a psychologist who has collected the subjective well-being scores of a number of elderly people aged 90 or abo

Choose the correct null hypotheses, For the following claim, find the null ...

For the following claim, find the null and alternative hypotheses, test statistic, P-value, critical value and draw a conclusion. Assume that a simple random sample has been selec

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd