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Business Statistics, 3rd Edition
book

Business Statistics, 3rd Edition

by Naval Bajpai
April 2024
Intermediate to advanced content levelIntermediate to advanced
921 pages
37h 16m
English
Pearson India
Content preview from Business Statistics, 3rd Edition
Chapter 3
96
Veri cation (Table 3.20)
TABLE 3.20
Verifi cation part (actual situation) of Example 3.9
Mode of conveyance Distance (Km) Speed (kmph) Time taken (min)
Car 6.00 40 9
Rickshaw 2.00 10 12
On foot 1 4 15
Total 9 36
Total distance travelled = 9 km
Total time taken = 36 min
In 36 min, he covers 9 km
In 60 min, he will cover =
9
36
60×
= 15 km
Hence, x’s average speed per hour is 15 kmph which is equal to the computed harmonic mean.
3.5.17 Relationship Between AM, GM, and HM
There exists a de ned relationship between arithmetic mean, geometric mean, and harmonic
mean. This relationship is:
1. AM GM HM
When all the observations are same, ...
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Publisher Resources

ISBN: 9789390168996