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Glossary > H > "Harmonic Average" Definition

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.

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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.

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.