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Harmonic mean

Maths & Stats

In which situation harmonic mean is used , what is the uses of harmonic mean ? ,

nisam M

CA Final

★ 23K+

01-Feb-21 00:41

298

Answers (3)

Harmonic mean is a type of average generally used for numbers that represent a rate or ratio. It is an appropriate average for averaging ratios and rates. The weighted harmonic mean is used in finance to average multiples like the price-earnings ratio