It is a mathematically calculated summary statistic. With discrete distributions it is the arithmetic mean whereas with a continuous distribution it is the value of the random variable (RV) such that it divides the area under the probability distribution curve in half.
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A frequency distribution plot.
Are you talking about a histogram of the relative frequency distribution.
What are the importance of frequency
The relative frequency of a class is the frequency of the class divided by the total number of frequencies of the class and is generally expresses as a percentage.
binominal distribution