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Measures of Central Tendency — Economics STD 11 Commerce — Question

CBSE BoardEnglish MediumSTD 11 CommerceEconomicsMeasures of Central Tendency3 Marks
Question
What do you understand by Mode? Explain its merits and demerits.
OR
Define mode. Write its three demerits.

OR
Mention three demerits of Mode.

OR
Write three demerits of mode.
✓

Answer

Mode is the value which occurs most frequently in a series.Merits of Mode:
  1. It is generally used to describe the qualitative data.
  2. It can be easily computed graphically.
  3. In case of 'open-ended distribution', it can be easily computed.
Demerits of Mode:
  1. It is not capable of further algebraic treatment.
  2. Its calculation involves cumbersome procedure of grouping the data.
  3. It is not based on all the observations/ items of a series.
  4. Its value is indeterminate, especially in case of bi-modal and multi-modal distributions.

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