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Radhakrishnan, APM/SVCE
Arithmetic Mean
Shortcut Method:
For discrete frequency distribution
Example 2:
Example 3:
3
Example 4:
Example 5:
4
Uses:
Example 1:
5
Example 3:
Example 4:
6
Example 5:
7
Example 6:
Example 7:
8
Example 8:
Example 9:
9
Example 10:
10
Mode
Mode is the value which occurs most frequently in a set of observations and around
which the other items of the set cluster densely. In other words, mode is the value of the
variable which is predominant in the series.
Uses:
Mode is the average to be used to find the ideal size, example, in business forecasting, in
the manufacture of ready-made garments, shoes etc.
Example 1:
11
For discrete frequency distribution
Mode is the value of the variable corresponding to the maximum frequency.
Example 2:
Example 3:
Example 4:
Example 3: A set of numbers consists of four 4’s, five 5’s, six 6’s, seven 7’s and nine 9’s.
What is the mode?
Example 6:
13
Example 7:
14
Empirical Relationship:
Mode = 3Median-2Mean