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

Sketch the graph f ( x ) = - x5 + (5/2 )x4 + (40/3) x3 + 5, Sketch the grap...

Sketch the graph of the below function. f ( x ) = - x 5 + (5/2 )x 4 + (40/3) x 3 + 5 Solution : Whenever we sketch a graph it's good to have a few points on the graph to

Shares and dividends, I need to make an assignment on this topic what shoul...

I need to make an assignment on this topic what should i write in it

Average function value of even and odd function, Average Function Value ...

Average Function Value The first application of integrals which we'll see is the average value of a function. The given fact tells us how to calculate this. Average Functi

Example of subtraction , Example of subtraction: Example: Subtrac...

Example of subtraction: Example: Subtract 78 from 136. Solution:     2 136 -78 ------  58 While subtracting the units column, 6 - 8, a 10 that is b

Permutations and combinations, How many arrangements can be made from the l...

How many arrangements can be made from the letters of the word " VENUS " such that the order of the vowels remains the same?

How to calculate percentiles, Q. How to calculate Percentiles? Ans. ...

Q. How to calculate Percentiles? Ans. In a large group of standardized test scores we expect the scores to approximate a normal curve. If all scores are translated to z-s

DETERMINANT, IF 7 AND 2 ARE TWO ROOTS OF THE EQUATION |X 3 7 2 X 2 7 6 X...

IF 7 AND 2 ARE TWO ROOTS OF THE EQUATION |X 3 7 2 X 2 7 6 X |=0 THEN FIND THE THIRD ROOT IS

Indices, 16 raised to the power x eqaual to x raised to the power 2. find x...

16 raised to the power x eqaual to x raised to the power 2. find x

How does the algorithm work?, How Does The Algorithm Work? Most of us, ...

How Does The Algorithm Work? Most of us, when asked to multiply, say, 35 by 23, write Why do we place the mark x (or 0, or leave a blank) in the second row of the calcul

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