Why Shouldn't the Mode Be Used with the Following Set

question 10

Multiple Choice

Why shouldn't the mode be used with the following set of scores? 2, 5, 3, 3, 4, 2, 4, 5, 1, 1

• A)The data are obviously not nominal.
• B)There is no mode.
• C)The scores are positively skewed.
• D)The scores are negatively skewed.

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Definitions:

Investment

The act of allocating resources, usually money, with the expectation of generating an income or profit, such as purchasing stocks, bonds, or real estate.

Projected Sales

Forecasted revenue from goods or services that a company plans to sell over a certain period.

Value-based Pricing

A pricing strategy that sets prices primarily based on the perceived or estimated value of a product or service to the customer, rather than on its cost of production or historical prices.

Industrial Instrument

Industrial instrument involves tools and devices designed for industrial applications, including measuring, controlling, and monitoring processes.