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

Mensuration, A palm tree of heights 25m is broken by storm in such a way th...

A palm tree of heights 25m is broken by storm in such a way that its top touches the ground at a distance of 5m from its root,but is not separated from the tree.Find the height at

Transpose of a matrix, I didn't understand the concept of Transpose of a Ma...

I didn't understand the concept of Transpose of a Matrix, need assistance.

Determine the average number and probability, 1) At a midway game at the st...

1) At a midway game at the state fair, the probability of winning an individual game is advertised to be 30% ( p = . 3). Suppose 50 people played the game (assume all 50 outcomes

Discrete uniform distribution, Discrete Uniform Distribution Acme Limit...

Discrete Uniform Distribution Acme Limited is a car manufacturer. The company can paint the car in 3 possible colors: White, Black and Blue. Until the population is sampled, th

Christie paid 5% sales tax purchase how much did she spend, Christie purcha...

Christie purchased a scarf marked $15.50 and gloves marked $5.50. Both items were on sale for 20% off the marked price. Christie paid 5% sales tax on her purchase. How much did she

., Two boys A and B are at two diametrically opposite points on a circle. A...

Two boys A and B are at two diametrically opposite points on a circle. At one instant the two start running on the circle; A anticlockwise with constant speed v and B clockwise wit

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