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how is harmonic mean calculated. It is calculated by dividing the number of observations by the reciprocal of each number in the series. One application is to calculate the average purchase cost of shares purchased over time.
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N the number of the values in a dataset. The harmonic mean is calculated as below. Determine the values you need to find the harmonic mean for.
Determine the values you need to find the harmonic mean for.
X_i the point in a dataset. Furthermore we can notice that the harmonic mean is the reciprocal of the arithmetic mean of the reciprocals. The harmonic mean is calculated as below. Harmonic mean in mathematical terms is defined as follows.
