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Merits and Demerits of Harmonic Mean
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Basic Statistics
Merits and Demerits of Harmonic Mean
Merits and Demerits of Harmonic Mean
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Merits
:
It is based on all observations.
It not much affected by the fluctuation of sampling.
It is capable of algebraic treatment.
It is an appropriate average for averaging ratios and rates.
It does not give much weight to the large items.
Demerits
:
Its calculation is difficult.
It gives high weight-age to the small items.
It cannot be calculated if any one of the items is zero.
It is usually a value which does not exist in the given data.
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