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.
differance b/w big M mathod and two phase mathod
Your employer, Quick Hit Agency (QHA), is a debt collections agency. The company specializes in collecting small accounts. QHA does not deal in large accounts and does not take on
How much would u charge for 4 questions
You were recently hired by E&T Boats, Inc. to assist the company with its financial planning and to evaluate the company's performance. E&T Boats, Inc. builds and sells boats to o
Statistical Keys To do statistical operations we must first set the calculator on SD mode [SD stands for "standard deviation" which is the usual st
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
Chi Square Test as a Distributional Goodness of Fit In day-to-day decision making managers often come across situations wherein they are in a state of dilemma about the applica
A. Compute descriptive statistics for each stock and the S&P 500. Comment on your results. Which stocks are most volatile?
Harmonic Mean The harmonic mean also called harmonic average, in the total numbers of items of variable divided by the sum of r reciprocals of the values of the variable. In
Canonical correlation analysis (CC) allows the investigation of the relationship between two ,sets of variables. For example, a sociologist may want to investigate the Relationship
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