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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.
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explain operation research with example.and also discuss the scope of OR in modern management.
application&techniques
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Maximize p = (3)x + 2y subject to 2x + y 3x + 4y >= 12
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