What is Mode?
In statistics, the mode is the value that appears most frequently in a dataset. Unlike the mean, which represents the average of the values, and the median, which represents the middle value when the data is ordered, the mode is the value that occurs with the highest frequency.
For example, in the dataset {1, 2, 1, 1, 3, 4, 5, 1, 2, 4, 5}; 1 is the most frequent value. Thus, 1 is the mode of this dataset.
Mode Formula (For Grouped Data)
For any grouped data, formula for mode is given as:
Mode = L + [(f1 – f0) / ((f1 – f0) + (f1 – f2))] × h
Where,
- L is the lower limit of the modal class (the class with the highest frequency).
- f1 is the frequency of the modal class.
- f0 is the frequency of the class before the modal class.
- f2 is the frequency of the class after the modal class.
- h is the width of the modal class interval (the difference between the upper and lower limits of the modal class).
Real-Life Applications of Mean and Mode
Mean and Mode are two important measures of central tendencies for any given data and help us analyse the data. Mean represents the average of a given set of data, whereas mode is the value that appears most frequently in a data set. In this article, we are going to learn some of the real-life applications of Mean and Mode.
Table of Content
- What is Mean?
- What is Mode?
- Real-Life Applications of Mean
- Real-Life Applications of Mode
- Conclusion