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

Decision making ., it is said that management is equivalent to decision mak...

it is said that management is equivalent to decision making? do you agree? explain

Determine the maximum weight rounded down, Assume that the pulley at A is a...

Assume that the pulley at A is a small frictionless pulley. The cord AB is only allowed to support a maximum tension in Newtons as given in P4, and the cord supporting the block ca

PERCENTAGES, CALCULATE THE PERCENTAGE OF REFUNDS EXPECTED TO EXCEED $1000 U...

CALCULATE THE PERCENTAGE OF REFUNDS EXPECTED TO EXCEED $1000 UNDER THE CURRENT WITHHOLDING GUIDELINES

., Theories of Business forecasting

Theories of Business forecasting

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

Regression and anova, The first step in this case is to ensure that you ar...

The first step in this case is to ensure that you are adequately clear on the General Linear Model and its relationship to both ANOVA and regression. The distinction is approxim

Write out the estimator of the linear combination, Now, let's look at a dif...

Now, let's look at a different linear combination. Suppose we are interested n comparing the average mean log income for no college education ( 16). 1. Write out the linear com

Different analyses of recurrent events data, Different analyses of recurren...

Different analyses of recurrent events data: The bladder cancer data listed in Wei, Lin, and Weissfeld (1989) is used in Example 54.8/49.8 of SAS to  illustrate different anal

Normal curve applications, Replacement times for TV sets are normally distr...

Replacement times for TV sets are normally distributed with a mean of 8.2 years and a standard deviation of 1.1 years. Find the replacement time that separates the top 20% from the

Using the asymptotic distribution test the hypothesis, You are interested i...

You are interested in testing the distance of two golf balls, Brand A and Brand B. You take a random sample of 100 golfers, each of whom hits Brand A once and Brand B once. Define

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