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Business Statistics, 3rd Edition
book

Business Statistics, 3rd Edition

by Naval Bajpai
April 2024
Intermediate to advanced content levelIntermediate to advanced
921 pages
37h 16m
English
Pearson India
Content preview from Business Statistics, 3rd Edition
Chapter 3
106
TABLE 3.27
Separate analysis table for Example 3.16
Column no. Size of items containing maximum frequency
10 11 12 13 14
1 12 14
2 12 13
3 13 14
4 11 12 13
5 12 13 14
6 10 11 12
Number of items 1 2 5 4 3
As 12 occurs the maximum number of times (5), the value 12 is the mode.
3.6.6.3 Computation of Mode for Continuous Frequency Distribution
In a continuous frequency distribution,  rst the modal class is determined. This can be deter-
mined either by inspection or by grouping method. The required mode lies within the limits of
this modal class and is determined by the following formula:
M
0
= l +
ff
fff
i
10
102
2
−−
×
where M
0
is the mode, l the lower ...
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Publisher Resources

ISBN: 9789390168996