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Explain the use of mode as a measure of central Tendency. |
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Answer» In day to day practice, many times we state like, on an average the daily wage of workers of a factory is ₹ 110. On an average the daily production of a company is 50 units, the average life of a person in our country is 70 years, etc. In all these statements the context of the measure of an average is to the observation that occurs maximum number of time. It indicates a general value of observations. Such general value representing the average indicates the value of mode. Thus, the value of observation occuring the maximum number of time in the data is called mode. It is denoted by Mc. |
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