Graphical calculation for mode, Applied Statistics

Assignment Help:

For calculating the mode of the grouped data graphically, the following procedure is adopted.

  1. Draw a histogram of the data; the modal class is the tallest rectangle.

  2. Draw a line from the top right corner of the tallest rectangle to the top right corner of the preceding rectangle.

  3. Draw a line from the top left corner of the tallest rectangle to the top left corner of the succeeding rectangle.

  4. Draw a line perpendicular to the X-axis from the point of intersection of lines drawn in steps 2 and 3. The point of intersection of the perpendicular line with the X-axis represents the mode.

    Example 

    Let us calculate the Mode using the graphical method for the following distributions:

    Gross profits as percentage of sales

    0-7

    7-14

    14-21

    21-28

    28-35

    36-42

    42-49

    Number of companies

    19

    25

    36

    72

    51

    43

    28

    Using the procedure described above, we draw the histogram and other lines for the calculation of mode. The mode is 25.

533_graphical method.png


Related Discussions:- Graphical calculation for mode

Level process control lab, Based on the following graphs (next page) you sh...

Based on the following graphs (next page) you should write a discussion report (2 pages) on: 1. Determination of whether the open-loop system response is consistent with a 1st o

Statistical errors, Statistical Errors              Statistical data ar...

Statistical Errors              Statistical data are obtained either by measurement or by observation. Hence to think of perfect accuracy is only a delusion or a myth, It is no

Multiple regressions, A sample of 43 houses that were purchased in the Sout...

A sample of 43 houses that were purchased in the Southern California town Monrovia within a month was collected. We are interested in the study of the relationships between Price a

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

What is the probability that they all hit the target, QUESTION ONE. (a) ...

QUESTION ONE. (a) The probability that, a bomber hits a target on a bombing mission is 0.70 Three bombers are sent to bomb a particular target. (i) What is the probability

Test for equality of proportions, Test for Equality of Proportions For...

Test for Equality of Proportions For example, we may want to test whether the percentage of smokers (p 1 ) among the males equals the percentage of female smokers (p 2 ). W

Calculation for discrete series or ungrouped data , Calculation for Discre...

Calculation for Discrete Series or Ungrouped Data The formula for computing mean is = where,          f  = fr

Find the unbiased estimators for mean and variance matrix, Is the random ve...

Is the random vector (Trunk Space, Length, Turning diameter) of US car normally distributed? Why? If yes, find the unbiased estimators for the mean and variance matrix of (Trunk Sp

Index Number of formulae, discuss the mathematical test of adequacy of inde...

discuss the mathematical test of adequacy of index number of formulae. prove algebraically that the laspeyre, paasche and fisher price index formulae satisfies this test. What is

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