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Explain its meaning and three merits of HM. (Harmonic Mean).?
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Explain its meaning and three merits of HM. (Harmonic Mean).?
The harmonic mean is reciprocal of average of reciprocal values(x).
Merits of harmonic mean
1) Harmonic mean is based on all the values of a variable.
2) It gives less weight to large values and more weight to small values
3) It is suitable for further algebraic treatment. If harmonic mean and number of items of two components are given, harmonic mean of the combined component can be obtained.
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