Important: The stats package has been deprecated. Use the superseding package Statistics instead.
The harmonic mean of 1/3 and 1/5 is
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When I purchase gasoline for my automobile, I always pay 1 Sim. Of course the price is never the same. One time it was 3 Sim/bucket, at another time it was 5 Sim/bucket. The ``average price'' is then obtained as follows: The first time I obtained 1/3 buckets. The second time, it was 1/5 buckets. In total I obtained 1/3+1/5 buckets for a cost of 2 Sim. The average price I paid was then 2/ (1/3+1/5)=15/4=3.75 Sim/bucket.
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Note that the arithmetic mean is not appropriate in this case, since it is equal to
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If the first time, since the price was low, I bought for 2 Sim of fuel, the average price becomes
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