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.
There are n seats on an airplane and n passengers have bought tickets. Unfortunately, the first passenger to enter the plane has lost his ticket and, so he just chooses a seat at r
implications of multicollinearity
This question explores the effect of estimation error on apparent arbitrage opportunities in a controlled simulation setting. We simulate returns for N = 10 assets over T = 30 year
Evaluate Gross Reproduction Rate: From the data given below compute : i) General Fertility Rate ii) Specific Fertility Rate iii) Total Fertility Rate iv)
In a three-cornered paint ball duel, A, B, and C successively take shots at each other until only one of them remains paint free. The three paint ballers have different probabiliti
Variance The term variance was used to describe the square of the standard deviation by R.A.Fisher. The concept of variance is highly important in areas where it is possible to
Example of discrete random variable: 1. What is a discrete random variable? Give three examples from the field of business. 2. Of 1000 items produced in a day at XYZ Manufa
A study was conducted to determine the amount of heat loss for a certain brand of thermal pane window. Three different windows were randomly subjected to each of three different ou
What is an interaction? Describe an example and identify the variables within your population (work, social, academic, etc.) for which you might expect interactions?
Ask queFrom these studies, which of the following may be considered a variable that can have a probability distribution? [I] Percentage of Sub-Saharan Africans that smoke [II] Perc
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