Question 3
Tools of Economic AnalysisThe most frequently occurring value in a given data is the
- A.mode
- B.median
- C.mean
- D.range
Show the answer and explanation
Answer: A (mode)
Explanation
The mode is the value that occurs most often.
The most frequently occurring value in a given data is the
Answer: A (mode)
The mode is the value that occurs most often.