Harmonic mean is a central value of a data set which can be computed using arithmetical operations. It is generally used in averaging rates, ratios etc. It is well defined and suitable for algebraic treatment. It takes all the observations into account. In the case of outliers even though it mitigates the effect of very large values, but affected by very small values. Harmonic mean is the smallest when compared to the Arithmetic and Geometric Means.
|Harmonic Series||The Mean||Arithmetic Means||Geometrical Mean|
|Integration Meaning||Intercept Meaning||Mean Proportion||Meaning of Quadrant|
|parabola meaning||A Negative Correlation Means that||Binomial Distribution Mean||Calculus Mean Value Theorem|