Mode, Applied Statistics

Assignment Help:

Mode

Mode is the value of the observation which occurs with the   greatest  frequency and thus  it is the most fashionable value, Mode has been derived from French  word  La  mode which means fashion ,It is defined as the value that occurs most frequently  statistical distribution. The modal item thus is the mode representative or most  typical item in a distribution ,In the words of Dr, A. L. Boddington, Mode may  be defined as the pre dominant kind type or size of item or the position of greatest density.

Zesek has defined it as mode the value occurring most frequently in series of items and around which the other items are distributed most densely.

Croxton and Cowden say the mode of a distribution is the value of point around which the items tend to be most heavily concentrated,

In the words of Ya Lun Chua, the mode is that value of a series which appears most frequently than any other.

The mode can be located in an individual observation in may one of the three ways:

(1)   By inspection.

(2)   By converting individual observation in discrete variable..

(3)   By empirical relationship between Mean, Media and Mode. 


Related Discussions:- Mode

Descriptive statistics, find the average rate of increase in population whi...

find the average rate of increase in population which in the first decade has increased 20%.in the second 25% and in the third 44%

Probability, 1 A penny is tossed 5 times. a. Find the chance that the 5th t...

1 A penny is tossed 5 times. a. Find the chance that the 5th toss is a head b. Find the chance that the 5th toss is a head, given the first 4 are tails.

Standard deviation, Standard Deviation The main drawback of the deviati...

Standard Deviation The main drawback of the deviation measures of dispersion, as discussed earlier, is that the positive and negative deviations cancel out each other. Use of t

Coefficient of variation, Coefficient of Variation or C.V. To compare t...

Coefficient of Variation or C.V. To compare the variability between or more series, coeffiecnt of variation is used, it is relative measure of dispersion, it innovated and used

Binomial and continuous model, Exercise: (Binomial and Continuous Model.) C...

Exercise: (Binomial and Continuous Model.) Consider a binomial model of a risky asset with the parameters r = 0:06, u = 0:059, d =  0:0562, S0 = 100, T = 1, 4t = 1=12. Note that u

Compute the output of correlation, Q. Compute the output of correlation? ...

Q. Compute the output of correlation? The following figure shows (a) a 3-bit image of size 5-by-5 image in the square, with x and y coordinates specified, (b) a Laplacian

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

Estimation, what do we mean by critical region

what do we mean by critical region

Regression model, A real estate agency collected the data shown below, wher...

A real estate agency collected the data shown below, where           y  = sales price of a house (in thousands of dollars)           x 1 = home size (in hundreds of square f

Measurement error models., how can we use measurement error method with eig...

how can we use measurement error method with eight responses variables (we do not have explanatory variable in the data )?.the data analyse 521 leaves ..

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