The following data shows monthly savings of 100 families . Find the Mode of the Monthly Savings
Monthly savings(Rs)Number of families1000−2000142000−3000153000−4000214000−5000275000−600025
4750
Modal class is 4000-5000 because it has the highest frequency
When we Draw the Histogram and Join the ends of the Modal class , The intersection point gives the Mode.
Mode observed from the Graph is 4750.