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

Rates of change and tangent lines in limits, Rates of Change and Tangent Li...

Rates of Change and Tangent Lines : In this section we will study two fairly important problems in the study of calculus. There are two cause for looking at these problems now.

Determine the number of full withdrawals, A worker retires with a lump sum ...

A worker retires with a lump sum superannuation benefit of $500,000. She immediately invests this money in a fund earning 5% pa effective. One year after retirement she begins maki

Matrices, Consider the following linear equations. x1-3x2+x3+x4-x5=8 -2x1+...

Consider the following linear equations. x1-3x2+x3+x4-x5=8 -2x1+6x2+x3-2x4-4x5=-1 3x1-9x2+8x3+4x4-13x5=49

Subtangents & subnormals, show that the subtangent at any point on parabola...

show that the subtangent at any point on parabola y2 =4ax is twice the abscissa at that point.

Find the sides of the two squares, The sum of areas of two squares is 468m ...

The sum of areas of two squares is 468m 2  If the difference of their perimeters is 24cm, find the sides of the two squares. Ans:    Let the side of the larger square be x .

Volume, a data set has a mean of 3, a median of 4, and a mode of 5.which nu...

a data set has a mean of 3, a median of 4, and a mode of 5.which number must be in the data set-3,4,5?

GCF, Find the GCF of 70 and 112

Find the GCF of 70 and 112

Explain the rules of divisibility, Explain the rules of Divisibility ? ...

Explain the rules of Divisibility ? Divisible by 2: If the last digit is a 0, 2, 4, 6, or 8, the number is evenly divisible by 2. Divisible by 2 Not

What is order of operations simplifying expressions, What is Order of Opera...

What is Order of Operations Simplifying Expressions? Kevin gives Don directions to his house: "Go left 3 blocks and then go right 2 blocks." Don wasn't paying close attention.

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