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

Two-tailed and one-tailed tests, If the test is two-tailed, H1:  μ ≠  μ 0  ...

If the test is two-tailed, H1:  μ ≠  μ 0  then the test is called two-tailed test and in such a case the critical region lies in both the right and left tails of the sampling distr

Penman-monteith method, (a) Average rainfall during the month of January...

(a) Average rainfall during the month of January is found to be 58 mm. A Class A pan evaporation recorded an average of 8.12 mm/day near an irrigation reservoir. The average

Normal curve applications, Replacement times for TV sets are normally distr...

Replacement times for TV sets are normally distributed with a mean of 8.2 years and a standard deviation of 1.1 years. Find the replacement time that separates the top 20% from the

Distrbution., The score distribution shown in the table is for all students...

The score distribution shown in the table is for all students who took a yearly AP statistical exam. An AP statistics teacher had 59 students preparing to take the AP exam. Though

Luxury goods higher for men than for women, According to a recent study, wh...

According to a recent study, when shopping online for luxury goods, men spend a mean of $2,401, whereas women spend a mean of $1,527. Suppose that the study was based on a sample o

Estimate the values of the dependent variable, 1. Suppose you are estimatin...

1. Suppose you are estimating the imports (from both the U.S. mainland and foreign countries) of fuels and petroleum products in Hawaii (the dependent variable). The values of the

Evaluate the p - value, Use the given information to find the P-value. T...

Use the given information to find the P-value. The test statistic in a two-tailed test is z = 1.49 P-value = (round to four decimal places as needed)

Measures of dispersion, Other Measures of Dispersion In this section, ...

Other Measures of Dispersion In this section, we look at relatively less used measures of dispersion like fractiles, deciles, percentiles, quartiles, interquartile range and f

Compute a correlation coefficient, A researcher was interested lowering the...

A researcher was interested lowering the high school dropout level in his county. He measured the reading level of students entering middle school (based on a standard test) and th

Explain survey development process, Problem: A survey usually originate...

Problem: A survey usually originates when an individual or an institution is confronted with an information need and the existing data are  insufficient. Planning the questionn

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