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Harmonic mean

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


nisam M

nisam M

CA Foundation

9K+

01-Feb-21 00:41

19

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


sudha reddy

sudha reddy

Moderator

01-Feb-21 08:05

Thank mam


nisam M

nisam M

CA Foundation

9K+

01-Feb-21 10:44

Thanks mam


nisam M

nisam M

CA Foundation

9K+

01-Feb-21 10:45