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

Fermats last theorem, Explain Fermats Last Theorem? How to solve problems u...

Explain Fermats Last Theorem? How to solve problems under Fermats Last Theorem?

Prove that if x is a real number then [2x] = [x] + [x + ½ ], Prove that if...

Prove that if x is a real number then [2x] = [x] + [x + ½ ] Ans: Let us consider x be any real number. It comprises two parts: integer and fraction. With no loss of

Conditional probability: independent events, Conditional Probability: Indep...

Conditional Probability: Independent Events If the probability of an event is subject to a restriction on the sample space, the probability is said to be conditional. Co

Convergence, Assume that (xn) is a sequence of real numbers and that a, b €...

Assume that (xn) is a sequence of real numbers and that a, b € R with a is not eaqual to 0. (a) If (x n ) converges to x, show that (|ax n + b|) converges to |ax + b|. (b) Give

Tutor, I AM A EXPERT OF MATHEMATICS.CAN I BECOME A TUTOR? PLEASE TELL ME SO...

I AM A EXPERT OF MATHEMATICS.CAN I BECOME A TUTOR? PLEASE TELL ME SOON.

Calculate the quarterly premium of a pension policy, You plan to retire whe...

You plan to retire when you are 65th years old.  You are now 25 years old.  You plan to buy a pension annuity that will pay you $100,000 per year starting one year after you turn 6

Volume, Rajun uses 2/3 of a carton of milk to make a pancake. The volume of...

Rajun uses 2/3 of a carton of milk to make a pancake. The volume of milk he uses is 800ml. calculate the volume, in l, of a milk in carton?

Diferential equations, Find the normalized differential equation which has ...

Find the normalized differential equation which has {x, xex} as its fundamental set

Evaluate the measure of the larger angle, Two angles are complementary. The...

Two angles are complementary. The calculate of one angle is four times the measure of the other. Evaluate the measure of the larger angle. a. 36° b. 72° c. 144° d. 18°

MATH HELP: URGENT, the andersons are buying a new home and need to fence th...

the andersons are buying a new home and need to fence their yard. the yard is 40 ft by 80 ft. each fencing section is 8ft. how many sections will they need?how many posts will they

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