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

How tall was peter when he turned 15, Peter was 60 inches tall on his thirt...

Peter was 60 inches tall on his thirteenth birthday. By the time he turned 15, his height had increased 15%. How tall was Peter when he turned 15? Find 15% of 60 inches and add

Probability and statistics, f Y is a discrete random variable with expected...

f Y is a discrete random variable with expected value E[Y ] = µ and if X = a + bY , prove that Var (X) = b2Var (Y ) .

Example of rounding off, Example of Rounding Off: Example: Round ...

Example of Rounding Off: Example: Round off the subsequent number to two decimal places. 6.238 Solution: Step 1:             8 is the number to the right of t

Determine the measure of the smallest angle, The calculation of two complem...

The calculation of two complementary angles are in the ratio of 7:8. Determine the measure of the smallest angle. a. 84° b. 42° c. 48° d. 96° b. Two angles are compl

#algebra 2 .., encoded with the matrix -3 -7 and 4 9. what lights up a socc...

encoded with the matrix -3 -7 and 4 9. what lights up a soccer stadium? ecoded message: {-3 - 7} {3 2 } {3 6} {57 127} {52 127} {77 173} {23 51)

Math, i need help in math

i need help in math

Theorem of reduction of order, In this theorem we identify that for a speci...

In this theorem we identify that for a specified differential equation a set of fundamental solutions will exist. Consider the differential equation  y′′ + p (t ) y′ + q (t

Steps for integration strategy - integration techniques, Steps for Integrat...

Steps for Integration Strategy 1. Simplify the integrand, if possible This step is vital in the integration process. Several integrals can be taken from impossible or ve

Probability, I have a question that hurts my head to work out. It is really...

I have a question that hurts my head to work out. It is really confusing for me. It sais " By the start of the 21st century, only 1 in 6 babies in America was born with blue eyes.

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