Advantages of mode - measure of central tendency, Operation Research

Advantages of Mode

a.It is easy to understand  as well as easy  to calculate. In  can be found out by  inspection.

b.It is  usually an exacta value  as it  occurs most frequently in the  series.

c.It is not affected b extreme values  as in the average.

d.It is simple  and precise.

e.It is the  most representative average.

f. The  value of mode  can be  determined by  the graphic  methods.

g. Its values  can be  determined  in an open  end class interval  without  ascertaining  the class limits.

 

 

Posted Date: 3/4/2013 2:04:54 AM | Location : United States







Related Discussions:- Advantages of mode - measure of central tendency, Assignment Help, Ask Question on Advantages of mode - measure of central tendency, Get Answer, Expert's Help, Advantages of mode - measure of central tendency Discussions

Write discussion on Advantages of mode - measure of central tendency
Your posts are moderated
Related Questions
North West Corner Rule for Initial Solution: Now by applying North West corner rule we can initial solution. According to this rule without regard to cost consideration the

Normal 0 false false false EN-IN X-NONE X-NONE

Exercise Define the terms used in LPP. Mention the advantages of LPP. What are the assumptions and limitations of LPP? A firm produces three pro

DISCUSS THE SIGNIFICANCE AND SCOPE OF OPERATION RESEARCH IN MODERN MANAGEMENT


Which model is described as a rule of thumb

model building is the essence of the operational research discuss

what are the classifications of operations research?

a pipe lis dur for rpair,the repair would cost 10000 and it would last for 3 years.alternatively a new pipe line can be purchase at 30000 for 10 years.assuming 10% depriciation rat

Description      Skype is currently the most popular VoIP software in the world. Existing research has indicated that Skype can provide better voice/video quality in adverse net