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!
For calculating the mode of the grouped data graphically, the following procedure is adopted.
Draw a histogram of the data; the modal class is the tallest rectangle.
Draw a line from the top right corner of the tallest rectangle to the top right corner of the preceding rectangle.
Draw a line from the top left corner of the tallest rectangle to the top left corner of the succeeding rectangle.
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.
To determine the proportion of people in your town who are smokers, it has been decided to poll people at one of the following local spots: (a) the pool hall; (b) the bowling alley
Use the information given below to find the P-value. Also, use a 0.05 significance level and state the conclusion about the null hypothesis (reject the null hypothesis or fail to
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
Application of the chi Square Test
Importance of official statistic
Modify your formulas from (1) to compute the price at time 0 of an American put option with the same contract specications in the binomial model. Report the price of the American
Active Control Equivalence Studies (ACES) Clinical trials the field in which the object is easy to show that the new treatment is as good as the existing treatment. Such type
We are interested in assessing the effects of temperature (low, medium, and high) and technical configuration on the amount of waste output for a manufacturing plant. Suppose that
Simple Linear Regression One calculate of the risk or volatility of an individual stock is the standard deviation of the total return (capital appreciation plus dividends) over
First we look at these charts assuming that we know both the mean and the standard deviation of the process, that is μ and σ . These values represent the acceptable values (bench
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