The modal class is the class that has the lowest frequency.
The modal value will be closer to the lower limit of the modal class if the preceding class has a higher frequency than the succeeding class.
The following is the formula for finding the mode of grouped data. State what p and q are. Mode = p+q−f0(q−f0)+(q−f2)×h
The following data shows monthly savings of 100 families, the difference between modal and mean monthly savings lies between ___. (Given that modal class is the class having the highest frequency)
Monthly savings(Rs) Number of families 1000−2000142000−3000153000−4000214000−5000275000−600025