Harmonic Average

Definition

In mathematics, the harmonic mean is one of several kinds of average, and in particular one of the Pythagorean means. Typically, it is appropriate for situations when the average of rates is desired.


Harmonic Average

What is ‘Harmonic Average’

The mean of a set of positive variables. Calculated by dividing the number of observations by the reciprocal of each number in the series.

Also known as “harmonic mean”.

Explaining ‘Harmonic Average’

Alternately, the harmonic average could be thought of as the reciprocal of the arithmetic mean of inverse values.

Further Reading