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09/25/2010

Advantages and Disadvantages of Mode

Advantages and Disadvantages of Mode.
Advantages and Disadvantages of Mode

It is easy to understand and simple to calculate, it is stable for large values and it will not be well defined if the data consists of small number of values.
Sep 25, 2010 4:57:54 AM
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Concept of Mode Concept of Mode. Mode is the value which occurs the greatest number of times in the data. When each value occur the same numbers of times in the data, there is no mode.
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Median Median. Median Median is the most middle value in the arrayed data. It means that when the data are arranged, median is the middle value if the number of values is odd and the mean of the two middle values

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