Statistics And Their Application to Commerce

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97 DIAGRAM rl« ^ Curve showing "flpro^" of Ei^hN ItcmS of var / ^ .■io / 3o TRod* / niode.
/ / y / 1 3 1 i n ^ Xf 10 20 50 ^ 5o nirirjber of tttnis.
^0 p 8a 98 STATISTICS, THEIR APPLICATION TO COMMERCE. [Chap. VI.
grouped near this mode, and as the distance from the mode increases in either direction the number of items becomes . less, and, in the case of natural phenomena, a limit of fluctua- tion can usually be approximately fixed. As has already been seen in Diagram No. i, and as is shown ev
...en more clearly in Diagram No. 2, the Mode is located in this series of data between the fortieth and forty-ninth items, since they are all of the same magnitude and the curve " flattens " out at this point in the array after rising steeply and con- tinuing with equal steepness. Experience shows that it will make no difference to our result if we increase the number of items under review, provided that those samples we have taken and plotted are truly representative of the whole of the examples, and it will thus be seen that the correctness of our work in the early stages of the compilation .

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