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

STATISTICS, Ask 3. Precision Manufacturing has a government contract to pro...

Ask 3. Precision Manufacturing has a government contract to produce stainless steel rods for use in military aircraft. Each rod is required to be 20 millimeters in diameter. Each

Regression and anova, The first step in this case is to ensure that you ar...

The first step in this case is to ensure that you are adequately clear on the General Linear Model and its relationship to both ANOVA and regression. The distinction is approxim

Explain graph theory, For each of the following scenarios, explain how grap...

For each of the following scenarios, explain how graph theory could be used to model the problem described and what a solution to the problem corresponds to in your graph model.

Confidence interval, a) List down several measures of central tendency and ...

a) List down several measures of central tendency and define the difference among them? b) What do you mean by confidence interval, and why it is useful? What is a confidence lev

Difference between correlation and regression analysis, Difference between ...

Difference between Correlation and Regression Analysis 1. Degree and Nature  of Relationship: Coefficient of correlation measures   the degree  of covariance  between two vari

Inference on reggression analysis, find the expected value of the mean squa...

find the expected value of the mean square error and of the mean square reggression

Active control equivalence studies (aces), Active Control Equivalence Studi...

Active Control Equivalence Studies (ACES) Clinical trials the field in which the object is easy to show that the new treatment is  as good as the existing treatment. Such type

Systematic sampling, Systematic Sampling In Systematic Sampling ...

Systematic Sampling In Systematic Sampling each element has an equal chance of being selected, but each sample does not have the same chance of being selected. Here,

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