MODE

The mode is the most common value that appears in a distribution. The formula for calculating the mode is to count the value that appears the most frequently.

The benefits of the mode are that it is easy to calculate and does not require preparing the data if the number of values is small. The downside occurs if there are two or more modal values.

image for Calculating the Mode

  • image Determine the number of observations.
  • image Take the observations.
  • If the ...

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