Demerits and merit-the mode, Mathematics

Assignment Help:

The mode

Merits

i.  This can be determined from incomplete data given the observations along with the highest frequency are already known

ii.  The mode has some applications in business

iii.  The mode can be simply defined

iv.  This can be determined simply from a graph

Demerits

i.  If the data is quite ungrouped and large, determination of the mode can be rather cumbersome

ii. Employ of the formula to calculate the mode is unfamiliar to most business people

iii. The mode may occasionally be non-existent or there may be two modes for a described set of data. Hence in such a case a single mode may not exist


Related Discussions:- Demerits and merit-the mode

What is stem-and-leaf plots, Q. What is Stem-and-Leaf Plots? Ans. ...

Q. What is Stem-and-Leaf Plots? Ans. A stem-and-leaf plot is a table that provides a quick way to arrange a set of data and view its shape, or distribution. Each data val

Estimate the greatest possible number of calculators, Martha has $20 to spe...

Martha has $20 to spend and would like to buy as several calculators as possible along with the money. The calculators that she needs to buy are $4.50 each. How much money will she

Variation, If p=10 when q=2,find p when q=5

If p=10 when q=2,find p when q=5

Mathematical formulae, Mathematical Formulae (a ...

Mathematical Formulae (a + b) 2 = a 2 + b 2 + 2ab (a - b) 2 = a 2 + b 2 - 2ab (a + b) 2 +

Vector arithmetic - addition, Vector Arithmetic In this part we need t...

Vector Arithmetic In this part we need to have a brief discussion of vector arithmetic. Addition We will begin with addition of two vectors. Thus, given the vectors a

Proof f(x) + g(x) dx = f(x) dx + g(x) dx anti-derivation, Proof of: ...

Proof of: ∫ f(x) + g(x) dx = ∫ f(x) dx + ∫g(x) dx It is also a very easy proof. Assume that F(x) is an anti-derivative of f(x) and that G(x) is an anti-derivative of

Find the interval of validity for the solution, Solve the subsequent IVP an...

Solve the subsequent IVP and find the interval of validity for the solution xyy' + 4x 2 + y 2 = 0,       y(2) = -7,          x > 0 Solution: Let's first divide on both

Making equally sized groups-prerequisites for multiplication, Making Equall...

Making Equally Sized Groups :  By the time children reach Class 1 or 2, they would have had many experiences of pairs of objects-pairs of shoes, pairs of eyes, ears, arms, legs, w

Definition of relation, Definition of Relation A relation is a set of o...

Definition of Relation A relation is a set of ordered pairs. It seems like an odd definition however we'll require it for the definition of a function though, before actuall

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd