What Is the Mode for the Population of Scores Shown $\begin{array}{cc}\mathrm{X} & \mathrm{f} \\\hline 5 & 1 \\4 & 2 \\3 & 3 \\2 & 4 \\1 & 2\end{array}$

question 56

Multiple Choice

What is the mode for the population of scores shown in the frequency distribution table? $\begin{array}{cc}\mathrm{X} & \mathrm{f} \\\hline 5 & 1 \\4 & 2 \\3 & 3 \\2 & 4 \\1 & 2\end{array}$

• A) 2
• B) 3
• C) \( 3.5 \)
• D) 4

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Definitions:

Demand

The quantity of a good or service that consumers are willing and able to purchase at various prices during a given period.

Income

The amount of money received by an individual or group over a certain period, often derived from work, investments, or business activities.

Utility Function

A mathematical formula that represents a consumer's preference ranking for various bundles of goods.

Budget Line

A graphical representation that shows all the possible combinations of two goods or services that can be purchased with a given budget, keeping the price of both goods constant.