Disadvantages of mode, Applied Statistics

Assignment Help:

 

Disadvantages

  1. The value of mode cannot always be determined. In some cases we may have a bimodal series.
  2. It is not capable of algebraic manipulations. For example, from the modes of two sets of data we cannot calculate the overall mode of the combined data. Similarly, the modal wage times the number of workers will not give the total payroll except, of course, when the distribution is normal and then the mean, median and mode are all equal.
  3. The value of mode is not based on each and every item of the series.
  4. It is not a rigidly defined measure. There are several formulae for calculating the mode, all of which usually give somewhat different answers. In fact, mode is the most unstable average and its value is difficult to determine.
  5. While dealing with quantitative data, the disadvantages of the mode outweigh its good features and hence it is seldom used.

 


Related Discussions:- Disadvantages of mode

Artificial neural network, Normal 0 false false false E...

Normal 0 false false false EN-US X-NONE X-NONE

Diversity of data for the age, The box plot displays the diversity of data ...

The box plot displays the diversity of data for the age; the data ranges from 19 being the minimum value and 60 being the maximum value. The box plot is positively skewed at 0.57 a

the six conditions are equally likely, A medical researcher has 100 bone c...

A medical researcher has 100 bone cancer patients in a study. Every patient's condition is one of six types, type \A" to type \F". The 100 patients split as follows: x There

Use of statistical tool, #question what is the statistical process to redu...

#question what is the statistical process to reduce hardness of water

Calculate unbiased estimate of the variance, This question has two parts wi...

This question has two parts with multiple items to answer. You are a psychologist who has collected the subjective well-being scores of a number of elderly people aged 90 or abo

Liner programming , Solve the following Linear Programming Problem using S...

Solve the following Linear Programming Problem using Simple method. Maximize Z= 3x1 + 2X2 Subject to the constraints: X1+ X2 = 4 X1 - X2 = 2 X1, X2 = 0

Standard erro, practical application of standard error

practical application of standard error

Simple linear regression, For each of the following situations choose the s...

For each of the following situations choose the statistical model that you find to be the most appropriate. Justify your choice. a) We are interested in assessing the effects of

Calculate the ratio of the sample standard deviation, The Case Study includ...

The Case Study included information about the price for a full meal before and after the law change (in dollars).  Of interest is whether the differences in price for a full meal b

Quantitative Models, Consider the following new business venture. An agent ...

Consider the following new business venture. An agent is considering investment in one of three real estate parcels: • Option 1: multiunit rentals • Option 2: commercial building

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