Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Mode
The mode is the value which occurs most frequently in a set of observations on the point of maximum frequency and around which other items of the set cluster densely.
The following data relates to the share price quotations of Reality Industries Ltd. quoted in the first fortnight of July, 20x1.
189, 197.50, 193.75, 188.75, 193.75, 217.50, 207.50, 193.75, 210.50, 193.75, 182.50, 183.75, 191.25, 193.75, 188.75
Let us calculate the mode for the above data.
Price quotation (Rs.)
No. of times it occurs
189.00
1
197.50
193.75
5
188.75
2
217.50
207.50
210.50
182.50
183.75
191.25
Total
15
Since the share price 193.75 has occurred maximum number of times, the mode is 193.75.
Thus, the process of determining mode in case of individual observations essentially involves grouping of data.
To use Linear Programming for solving the following inequalities. Following Twin Conditions (as mandated by the Indian Regulatory Authority) Twin Condition I for TV Broadcasters
why we use dummy variable
Classification of Universe The universe may be classified either on the basis of number of units and on the basis of existence of units as is clear from the following chart :
The Null Hypothesis - H0: The random errors will be normally distributed The Alternative Hypothesis - H1: The random errors are not normally distributed Reject H0: when P-v
Chebychev inequality
types of sampling method
Correlation The board of directors of Bata Company is faced with the problem of estimating what the annual sales might be in a shop to be opened in Bagpur where Bata has not op
This probability rule determined by the research of the two mathematicians Bienayme' and Chebyshev, explains the variability of data about its mean when the distribution of the dat
Steps in ANOVA The three steps which constitute the analysis of variance are as follows: To determine an estimate of the population variance from the variance that exi
If the test is two-tailed, H1: μ ≠ μ 0 then the test is called two-tailed test and in such a case the critical region lies in both the right and left tails of the sampling distr
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!
whatsapp: +91-977-207-8620
Phone: +91-977-207-8620
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd