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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
Velocity : Recall that it can be thought of as special case of the rate of change interpretation. If the situation of an object is specified by f(t ) after t units of time the vel
3x+5y
/3x-5/-x-7=0
what is the median of a set of data?
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evaluate sin 15
at what price 6.25% rs 100 share be quoted when the money is worth 5%
In these problems we will begin with a substance which is dissolved in a liquid. Liquid will be entering as well as leaving a holding tank. The liquid entering the tank may or may
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The cost of renting a bike at the local bike shop can be represented through the equation y = 2x + 2, where y is the total cost and x is the number of hours the bike is rented. Whi
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