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.
Assume that a simple random sample has been selected from a normally distribute population and test the given claim. Identify the null and alternative hypotheses, test statistic,
Examine properties of good average with reference to AM, GM, HM, MEAN MEDIAN MODE
Apl.send me nots on hypothesis testing sk question #Minimum 100 words accepted#
Agency revenues. An economic consultant was retained by a large employment agency in a metropolitan area to develop a regression model for predicting monthly agency revenues ( y ).
PCA is a linear transformation that transforms the data to a new coordinate system such that the greatest variance by any projection of the data comes to lie on the first coordinat
Characteristics of Index Number On the analysis of various definitions of index number the following may be its characteristics: 1. Expressed in Number : Index number
Two individuals, player 1 and player 2, are competing in an auction to obtain a valuable object. Each player bids in a sealed envelope, without knowing the bid of the other player
Angle Count method The method for estimating the proportion of the area of a forest which is in fact covered by the bases of trees. An observer goes to each of the number of po
Test the following claim. Identify the null hypothesis, alternative hypothesis, test statistic, critical value(s), conclusion about the null hypothesis, and final conclusion that
a) List down several measures of central tendency and define the difference among them? b) What do you mean by confidence interval, and why it is useful? What is a confidence lev
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