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

Determine the measure of angle, Using the expample provided below, if m∠ABE...

Using the expample provided below, if m∠ABE = 4x + 5 and m∠CBD = 7x - 10, Determine the measure of ∠ABE. a. 155° b. 73° c. 107° d. 25° d. ∠CBD and ∠ABE are vert

Continuity, Continuity : In the last few sections we've been using the te...

Continuity : In the last few sections we've been using the term "nice enough" to describe those functions which we could evaluate limits by just evaluating the function at the po

Homework, How do you simplify 10:30:45

How do you simplify 10:30:45

Ratio, ther are 162 student in a school.20 of them are girls .how many are ...

ther are 162 student in a school.20 of them are girls .how many are boy

How far is that person from the starting point, A person travels 10 miles d...

A person travels 10 miles due north, 6 miles due west, 4 miles due north, and 12 miles due east. How far is that person from the initail state? a. 23 miles northeast b. 13 mi

Estimate how much did the budget increase, Previous year's budget was 12.5 ...

Previous year's budget was 12.5 million dollars. This year's budget is 14.1 million dollars. How much did the budget increase? Last year's budget must be subtracted from this y

Introduction to knowing your maths learner, INTRODUCTION : The other day I...

INTRODUCTION : The other day I overheard 6-year-old Ahmed explaining to his older sister about why swallowing the seeds of an orange is harmful. He said, "The seed will become a p

Magnitude, find the magnitude of the following vectors:5i+7j

find the magnitude of the following vectors:5i+7j

Product moment coefficient (r), Product Moment Coefficient (r) ...

Product Moment Coefficient (r) This gives an indication of the strength of the linear relationship among two variables.                                     N

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