I have attendance records for an annual event:
person 1: $4$ of $8$ attended $= 50.00$%, or every $2$ years
person 2: $1$ of $4$ attended $= 25.00$%, or every $4$ years
person 3: $4$ of $5$ attended $= 80.00$%, or every $1.25$ years
I want to show the percentage of events attended by the average person, so I aggregate the data, weighing each person equally:
Avg attended $= 52$%
Avg time interval = every $2.4 y$
The odd thing is this: $52$% attendance to an annual event does not correlate to attending every $2.4$ years. It correlates to every $1.9$ years.
So which is true of the above data? The average person comes $52$% of the time OR the average person comes every $2.4$ years? They can't both be true. Where have I gone wrong?
Thank you very much for the help.
In certain situations, especially many situations involving rates and ratios, the harmonic mean provides the truest average.
https://en.wikipedia.org/wiki/Harmonic_mean