In this article we will discuss about Arithmetic Mean:- 1. Meaning of Arithmetic Mean 2. Short Cut Method of Determining Arithmetic Mean 3. Merits 4. Demerits. Meaning of Arithmetic Mean: The mean is a measurement of unit most frequently used to describe a frequency distribution of same type. The arithmetic mean or average is calculated by dividing the sum (total) [...]
In this article we will discuss about Mode:- 1. Meaning of Mode 2. Method of Determining Mode 3. Merits 4. Demerits. Meaning of Mode: Mode is another unit of measurement of central tendency which is used to obtain a quick estimate of central tendency. Mode is defined as the particular value which appears again and again for maximum number of [...]
In this article we will discuss about Correlation in Statistics:- 1. Subject-Matter of Correlation 2. Types of Correlation 3. Methods. Subject-Matter of Correlation: Sometimes two or more events are interrelated, i.e., any change in an event may affect the other events. If such changes are expressed in the form of numerical data and they appear to be interdependent they are [...]