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A big advantage of statistical mode is that it is not restricted to numbers alone. For example, among all the letters of the English alphabet, the mode is the letter 'E', which is the most frequently encountered letter. However, we cannot define the median or mean letter, since these can only be defined for numbers. This makes the scope of the mode quite broad in nature.
The mode (the most reoccurring number) is generally not a very good estimator because there is nothing saying it is necessarily related to the true middle and it could easily just be a number of chance. It can be calculated when table ends are open, the mode is not a helpful measure of location, because there can be more than one mode or even no mode.
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What criteria do you apply to judge the merits and demerits of an average?
Mean median mode
What are the merits and demerits of central tendency?
The measures of central tendency are mean, median, and mode. The merits of mean are that it is easily calculated and easy to understands. Demerits are that it may be theoretical and cannot be used for qualitative date.
What type of statistics are mean median and mode?
They are statistics of central tendency.
What is the mode and median?
Both median and mode are the statistics formulas, Median is called mid value of the given data and mode is the value which occure repetedly in the given data.
What The mean median and mode are examples of what type of statistics?
They are measures of location [of a distribution].
