What is Harmonic Mean?
Harmonic mean is defined as the average of the reciprocal values of the given values. That is for finding the harmonic mean of the given data set we first take the reciprocal of the data set and then divide the number of the data set by the sum of the reciprocal values. The value so obtained is called the Harmonic mean.
The harmonic mean is one of the measures of the central tendency which is generally used when we have to find the rate of the data set. It is used in the statistics and financial sector to explain various parameters of the data set.
Harmonic Mean
Harmonic Mean is the type of mean that is used when we have to find the average rate of change, it is the mean calculated by taking the reciprocal values of the given value and then dividing the number of terms by the sum of the reciprocal values. The harmonic mean is one of the Pythagorean mean and the other two Pythagorean mean are,
- Arithmetic Mean
- Geometric Mean
These means tell us about various parameters of the data set.
Harmonic Mean also denoted as HM is the mean calculated by taking the reciprocal of the given set. In this article, we will learn about HM, its formula, examples, and others in detail.