The statistical index
where
is the price per unit in period
,
is the quantity produced in period
, and
the value of the
units, and subscripts 0 indicate the reference year.
The statistical index
where
is the price per unit in period
,
is the quantity produced in period
, and
the value of the
units, and subscripts 0 indicate the reference year.
Weisstein, Eric W. "Harmonic Mean Index." From MathWorld--A Wolfram Web Resource. https://mathworld.wolfram.com/HarmonicMeanIndex.html