State the three merits of mode
Answers
Answer:
Merits of Mode : 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.
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Merits or Uses of Mode:
1. Mode is the term that occur most in the series hence it is not an isolated value like Median nor it is value like mean that may not be there in the series.
2. It is not affected by extreme values hence is a good representative of the series.
3. It can be found graphically also.
some more merits are ..
4. For open end intervals it is not necessary to know the length of open intervals.
5. It can also be used in case of Quantitative phenomenon.
6. It is the most used average in day today life, such as average marks of a class, average number of students in a section, average size of shoes, etc.