Accountancy, asked by anant7083, 1 year ago

How to make analysis table in mode

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Answered by Bismillah786
0
Definitions:

Mode may be defined as the value that occurs most frequently in a statistical distribution.

“The mode is the value occurring most frequently in a series of items and around which the other items are distributed most densely.” —Zizek

In French language ‘Mode’ means ‘Fashion’. Around this value, there is high concentration of the values. It is neither the central value nor the total sum of series which makes any effect on it.

“Mode is the value which has the greatest frequency density in its immediate neighbourhood.” —A.M. Tuttle

Every distribution cannot have a unique value of Mode. It can have two or even more than two modal values. Such distributions are known as Uni-Modal, Bimodal and Multi Modal

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