A Shoe Company Reports the Mode for the Shoe Sizes

question 143

Multiple Choice

A shoe company reports the mode for the shoe sizes of men's shoes is 12. Interpret this result.

• A) The most frequently occurring shoe size for men is size 12
• B) Most men have shoe sizes between 11 and 13.
• C) Half of the shoes sold to men are larger than a size 12
• D) Half of all men's shoe sizes are size 12

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Definitions:

Franchisee

An individual or business entity that is granted the right by a franchisor to operate a business under the franchisor's trademark and business model.

Capital

Capital refers to the financial resources or assets that are available for use in the production of further goods and services, including funds, equipment, and property.

Recognized Standards

Recognized standards refer to established norms, specifications, criteria, or guidelines that are widely acknowledged and accepted within an industry or profession to ensure quality, safety, and efficiency.

Substandard Performance

Inadequate or insufficient performance that fails to meet established or expected standards or criteria in a job role.