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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
A painting was purchased 11 years ago for $26900. It has just been sold for $78000. Calculate the flat rate of appreciation p.a.
Relationship between the inverse sine function and the sine function We have the given relationship among the inverse sine function and the sine function.
Speaking Mathematically : A Class 2 teacher was explaining the concept of place value to his students, using the number eleven. He started by saying "One and one make eleven." So
1. Suppose the arrival times of phone calls in a help centre follow a Poisson process with rate 20 per hour (so the inter-arrival times are independent exponential random variables
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1. Which of the following is greater than 4.3 x 10^9 a. 2.1 x 10^9 b. 3.2 x 10^9 c. 5.3 x 10^9 d. 7.4 x 10^8 2. Which of the following is less than 6.5 x 10^-5 a. 1.4 x 10
outdoor grill- regular price:$360 discount:33 1/3%
R.2,4,6,8,10 B.8,10
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