Week 2 Graded Assignment Q6

[palani...@gmail.com]

Hello,

Can some one please explain how Mode is the best value of central tendency for analyzing the sale numbers of many brands.

 As mode denotes the highest frequency of a single item among many, we will come to know about just one brand. But here the question is on analysis of different brands and hence Sorting(here it may be of descending order) and finding the middle value, which is of Median would be helpful for analysis, as the items on left and right sides of median will denote the highest and lowest sales numbers. Please let me know if I am missing something here.

Thanks

Palaniammal.

1 point

"In order to maximise her profit on sales of mobile phones by buying bulk amount, a seller wishes to analyse the sale numbers of all known brands in the market. Which measure should she use to decide the brands that have been sold in large numbers?"