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

Fractions, how do you multiply fractions

how do you multiply fractions

Multiplication rule: dependent events, Multiplication Rule: Dependent Event...

Multiplication Rule: Dependent Events The joint probability of two events A and B which are dependent is equal to the probability of A multiplied by the probability of B given

Fractions, what is the lowest term of 11/121

what is the lowest term of 11/121

If she mails 1, Lucy's Lunch is sending out flyers and pays a bulk rate of ...

Lucy's Lunch is sending out flyers and pays a bulk rate of 14.9 cents per piece of mail. If she mails 1,500 flyers, what will she pay? Multiply the price per piece through the

Mass marketing, is mass marketing completely dead?

is mass marketing completely dead?

Linear equations, A police academy is training 14 new recruits. Some are wo...

A police academy is training 14 new recruits. Some are working dogs and others are police officers. There are 38 legs in all. How many of each type of recruits are there?

High dimensions, List the five most important things you learned about high...

List the five most important things you learned about high dimensions.

Outer automorphism, (a) An unordered pair fm; ng with 1 ≤ m ≠ n ≤ 6 is ca...

(a) An unordered pair fm; ng with 1 ≤ m ≠ n ≤ 6 is called a duad. List the 15 duads. (b) There are 15 ways to partition {1, ......, 6 } into 3 duads, such as { {1; 2}, {3, 4},

Hierarchical multiple regression, A group of children who lived near a lead...

A group of children who lived near a lead smelter in El Paso, Texas, were identified and their blood levels of lead were measured. An exposed group of 46 children were identified w

Simplify the expression, Simplify the following expression and state the co...

Simplify the following expression and state the coefficient of each variables (a)6m-4-2m+15 (b)4x+6y-3x+5y

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