Consider the following statements:

Statement $1$: When computing average price multiples for an industry, the simple harmonic mean will be greater than the arithmetic mean.

Statement $2$: The harmonic mean reduces the impact of large outliers.

Which of the following is most likely?

Question $6$Select one:

a$.$

Only Statement $1$ is correct.

b$.$

Only Statement $2$ is correct.

c$.$

Both statements are incorrect.