What is Harmonic Mean?
Harmonic Mean is also a mathematical average but is limited in its application. It is generally used to find average of variables that are expressed as a ratio of two different measuring units e. g. speed is measured in km/hr or miles/sec etc.
Weighted Harmonic Mean
Formula
H.M.=W∑(WX)H.M.=W∑(WX)
Where −
· H.M.H.M. = Harmonic Mean
· WW = Weight
· XX = Variable value
Example
Problem Statement:
Find the weighted H.M. of the items 4, 7,12,19,25 with weights 1, 2,1,1,1 respectively.
Solution:
XX | WW | WXWX |
4 | 1 | 0.2500 |
7 | 2 | 0.2857 |
12 | 1 | 0.0833 |
19 | 1 | 0.0526 |
25 | 1 | 0.0400 |
∑W∑W | ∑WX∑WX= 0.7116 |
Based on the above mentioned formula, Harmonic Mean G.M.G.M. will be:
H.M.=W∑(WX)=60.7116=8.4317H.M.=W∑(WX)=60.7116=8.4317
∴ Weighted H.M = 8.4317
We’re going to discuss methods to compute the Harmonic Mean for three types of series:
· Individual Data Series
· Discrete Data Series
· Continuous Data Series
Individual Data Series
When data is given on individual basis. Following is an example of individual series:
Items | 5 | 10 | 20 | 30 | 40 | 50 | 60 | 70 |
Discrete Data Series
When data is given alongwith their frequencies. Following is an example of discrete series:
Items | 5 | 10 | 20 | 30 | 40 | 50 | 60 | 70 |
Frequency | 2 | 5 | 1 | 3 | 12 | 0 | 5 | 7 |
Continuous Data Series
When data is given based on ranges alongwith their frequencies. Following is an example of continous series:
Items | 0-5 | 5-10 | 10-20 | 20-30 | 30-40 |
Frequency | 2 | 5 | 1 | 3 | 12 |