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

Ordinary differential equation, find the normalised differential of the fol...

find the normalised differential of the following {1,x,x^3}

Argument, what is the difference between argument and principle argument

what is the difference between argument and principle argument

Finish the work., six men and Eight boys can finish a piece of work in 14 d...

six men and Eight boys can finish a piece of work in 14 days while  eight men and twelve boys can do it in 10 days. Find the time taken by  1man alone and that by 1boy alone to fin

Financial Math, can you help me with financial math??

can you help me with financial math??

Solve cos( 4 ) = -1 trig function, Solve cos( 4 θ ) = -1 . Solution ...

Solve cos( 4 θ ) = -1 . Solution There actually isn't too much to do along with this problem.  However, it is different from all the others done to this point.  All the oth

Exponential and logarithm equations, Exponential and Logarithm Equations ...

Exponential and Logarithm Equations : In this section we'll learn solving equations along with exponential functions or logarithms in them. We'll begin with equations which invol

Arden''s Theorem, Find the Regular Grammar for the following Regular Expres...

Find the Regular Grammar for the following Regular Expression: a(a+b)*(ab*+ba*)b.

Algebra, how do you solve quadratic equations by factoring?

how do you solve quadratic equations by factoring?

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