Mode is the most frequently occurring value in a data set. See related link. Note that in statistics, the definition is related to the data collected. In probability, the definition is related to the probability distribution which describes the random variable.
statistics
Statistics is used to analyze and describe data sets.
changes in x cause changes in y in a list of data. i.e. correlations in data
MODE
The answer is generally no. I note there is no hard and fast definition of the field of statistics. The definition of the field or discipline of statistics is not to reduce the number of values in the set of collected data. An objective of statistics is to characterize or add meaning to the collected data, through calculated values of the data. In this sense, statistics summarizes the data.
Mode is the most frequently occurring value in a data set. See related link. Note that in statistics, the definition is related to the data collected. In probability, the definition is related to the probability distribution which describes the random variable.
statistics
statistics means data
the data are presented in paragraph form
lowest value of a set of data.
Individuals
Statistics is used to analyze and describe data sets.
why should a executive look at descriptive statistics along with graphical displays of a data set
You calculate summary statistics: measures of the central tendency and dispersion (spread). The precise statistics would depend on the nature of the data set.
changes in x cause changes in y in a list of data. i.e. correlations in data
The definition of statistics is the science of conducting studies to collect, organize, summarize, analyze and draw conclusions from data.