Mode has a number of merits.Why?
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The mode or modal value of a distribution is that value of the variable for which the frequency is maximum.The number which is repeated maximum number of times is the mode. 1) It is readily comprehensible and easy to compute. In some case it can be computed merely by inspection. Hey mate I hope it helps u plzz mark me as brain list.
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Mode has a number of merits because:
Explanation: Mode refers to that value which has the highest frequency in the series of distribution. The term 'highest frequency' means the repetition of that particular value in the series. Mode has a number of merits. These are:
- It is not being affected the extreme values i.e. it act as a representative of the series.
- It can be calculated using the graphs also.
- It can be easily applied in case of open end series as there is no need to comprehend them.
- It is the simplest way as it provides the solution by just a glimpse to the series.
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