Method of calculation of mode - measure of central tendency , Operation Research

Method of calculation of Mode

Calculation  of Mode  Individual  series: For determining  mode count the  number of times the  various  values  repeat  themselves and the  value occurring maximum  number of times  is the  modal  value. The more  often  the model value  appears  relatively  the more valuable  the measure is an  average to represent data.

Note : Thus the  process of determining  mode in case individual  observation essentially  involves  grouping  of data.

 

Posted Date: 3/4/2013 2:13:41 AM | Location : United States







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

Write discussion on Method of calculation of mode - measure of central tendency
Your posts are moderated
Related Questions
Question: Machine A costs Rs. 9000. Annual operating costs are Rs. 200 for the first year, and then increase by Rs. 2000 every year. Suppose that the machine has no resale valu

A PAPER MILL PRODUCES TWO GRADES OF PAPER VIZ., X AND Y. BECAUSE OF RAW MATERIAL RESTRICTIONS, IT CANNOT PRODUCE MORE THAN 400 TONS OF GRADE X PAPER AND 300 TONS OF GRADE Y PAPER I

In a business, statistics is used to study the demand and market characteristics of the product or service being sold. In fact, market research


Analysis of Available Information and Verification of Hypothesis: most of the time that a scientist spends in training is devoted to learning how to analyze and int

Solve the following Linear Programming Problem using Simple method. Maximize Z= 3x1 + 2X2 Subject to the constraints: X1+ X2 = 4 X1 - X2 = 2 X1, X2 = 0

Steps of Research Process The steps of research process have already been discussed in theory. Here we shall outline the procedure of conducting the research. i) Formulate t


A paper mill produces two grades of paper viz., X and Y. Because of raw material restrictions, it cannot produce more than 400 tons of grade X paper and 300 tons of grade Y paper i

Six Operators are to be assigned to five jobs with the cost of assignment in Rs. given in the matrix below. Determine the optimal assignment. Which operator will have no assignment