There is a mean called Harmonic mean. http://dlmf.nist.gov/1.2#E19
I mostly see usage of arithematic mean and geometric mean. On the other hand, I have never seen the usage of Harmonic mean yet.
In what kind of case, is the Harmonic mean used?
There is a mean called Harmonic mean. http://dlmf.nist.gov/1.2#E19
I mostly see usage of arithematic mean and geometric mean. On the other hand, I have never seen the usage of Harmonic mean yet.
In what kind of case, is the Harmonic mean used?
You go on a round trip. You go out at $50$ miles per hour and come back at $60$ miles per hour. The average speed of your whole trip will be the harmonic mean of $50$ and $60$ (mph). You can extend this to several legs of a trip all the same length. Your overall average speed will be the harmonic mean of the speeds on the various legs of the trip.
The harmonic mean usually appears when averaging speed (or rates in general).
See this question as a reference: