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

Substitution rule for definite integrals, Substitution Rule for Definite In...

Substitution Rule for Definite Integrals Now we need to go back and revisit the substitution rule as it also applies to definite integrals.  At some level there actually isn't

Factor Fiction, Ok this is true or false wit a definition. The GCF of a pai...

Ok this is true or false wit a definition. The GCF of a pair of numbers can never be equal to one of the numbers.

Sampling distribution p-hat, Caterer verifies that 87% of people who sample...

Caterer verifies that 87% of people who sampled the food thought it was delicious. A random sample of 144 out of population of 5000 taken. The 144 are asked to sample the food. If

Trigomometrical, ABCD is a rhombus. the sides of the rhombus are 8cm long ....

ABCD is a rhombus. the sides of the rhombus are 8cm long .one of its diagonals is 12cm .find the angels of the rhombus

Mean value theorem find out all the numbers c, Find out all the numbers c t...

Find out all the numbers c that satisfy the conclusions of the Mean Value Theorem for the given function.                                               f ( x ) = x 3 + 2 x 2 -

Linear programming Special purpose of algorithm, the conclusion about stepp...

the conclusion about stepping stone method in real life situation?

Index numbers, advantages and disadvantages of index numbers

advantages and disadvantages of index numbers

Radius of convergence - sequences and series, Radius of Convergence We ...

Radius of Convergence We will be capable to illustrate that there is a number R so that the power series will converge for, |x - a| R.  This number is known as the radius of

Calculate the slope of the line, Calculate the slope of the line: Exa...

Calculate the slope of the line: Example: calculate  the  slope  of  the  line  whose  equation  is  y  =  2x  +  3  and  whose y-intercept is (0,3). Solution:    y =

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