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

Example of product moment correlation, Example of Product moment correlatio...

Example of Product moment correlation The given data was acquired during a social survey conducted in a described urban area regarding the yearly income of described families

Bcubi bui, hellow my name is isa soo what is your name?? i love the name ex...

hellow my name is isa soo what is your name?? i love the name experts mind so what is 8000+98800+600+935=what i do not know so can you tell me thank you oh thir is another one wha

Estimating sums, round to the nearest ten to estimate , 422+296

round to the nearest ten to estimate , 422+296

Evaluate the rational exponents, Evaluate each of the following.  (a) 2...

Evaluate each of the following.  (a) 25 1/2  (b) 32 1/5 Solution  (a) 25 1/2 Thus, here is what we are asking in this problem.                             2

Geometry, two sides of an equilateral triangle have lengths 3x-1 and 3x-1. ...

two sides of an equilateral triangle have lengths 3x-1 and 3x-1. Which of 27-x or 2x-4 could be the length of the third side?

Sum, what is an equation for circle?..

what is an equation for circle?..

Developing an understanding ones tens and more, DEVELOPING AN UNDERSTANDING...

DEVELOPING AN UNDERSTANDING :  The other day I was showing the children's book '203 Cats' to my 7-year-old niece. She had recently learnt how to write large numerals in her school

Example of vector, Provide the vector for each of the following. (a) The...

Provide the vector for each of the following. (a) The vector from (2, -7, 0) -  (1, - 3, - 5 ) (b) The vector from (1,-3,-5) - (2, - 7, 0) (c) The position vector for ( -

Find out the area under the parametric curve, Find out the area under the p...

Find out the area under the parametric curve given by the following parametric equations.  x = 6 (θ - sin θ) y = 6 (1 - cos θ) 0 ≤ θ ≤ 2Π Solution Firstly, notice th

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