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

Permuation and combination, how many words can be formed from letters of wo...

how many words can be formed from letters of word daughter such that each word contain 2vowles and 3consonant

Radius of rhim, how long is the radius of car tyre?

how long is the radius of car tyre?

Show that the angles subtended at the centre , A circle touches the sides o...

A circle touches the sides of a quadrilateral ABCD at P, Q, R and S respectively. Show that the angles subtended at the centre by a pair of opposite sides are supplementary.

Tied rankings, Tied Rankings A slight adjustment to the formula is mad...

Tied Rankings A slight adjustment to the formula is made if several students tie and have the similar ranking the adjustment is: (t 3 - t)/12 Whereas t = number of tied

How long will it take to dispense 330 gallons, A large pipe dispenses 750 g...

A large pipe dispenses 750 gallons of water in 50 seconds. At this rate, how long will it take to dispense 330 gallons? Find out the number of gallons per second by dividing 75

Tent originally sold for $2 what is the percent of discount, A tent origina...

A tent originally sold for $260 and has been marked down to $208. What is the percent of discount? Find out the number of dollars off. $260 - $208 = $52. Further, determine wha

Shares and dividend, A man buys rs50 shares of a company paying 12% of divi...

A man buys rs50 shares of a company paying 12% of dividendat premium ofof rs10 find market value of 320 shares and profit%

Explain basic concepts of parallel lines, Explain Basic Concepts of Paralle...

Explain Basic Concepts of Parallel Lines ? Parallel lines are defined in section 1.2 and we use "//" to denote it. From the definition, we can get the following two consequenc

Find out general formula for tangent vector and unit vector, Find out the g...

Find out the general formula for the tangent vector and unit tangent vector to the curve specified by r → (t) = t 2 i → + 2 sin t j → + 2 cos t k → . Solution First,

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