State Which Type of Average, the Mean, Median, or Mode

question 68

Essay

State which type of average, the mean, median, or mode, would be most appropriate in the situation described. Explainyour thinking.
-The table below provides a frequency distribution for the winner of the Davis Cup during
the period 1977-1994. Winner of
$\begin{array}{lc}\text { Davis Cup } & \text { Frequency } \\\hline \text { United States } & 6 \\\text { Germany } & 3 \\\text { Czechoslovakia } & 1 \\\text { Australia } & 3 \\\text { France } & 1 \\\text { Sweden } & 4\end{array}$

Which measure of center, the mean, the median, or the mode is most appropriate here? Why?

Recognize early sociological perspectives on urbanization and its effects on social interactions.

Grasp the changes and continuities in racial categorization and its implications in the United States.

Understand the foundations and assertions of conflict theory in analyzing social change.

Identify the process and consequences of modernization in terms of social cohesion and differentiation.

---

Definitions:

Current Rate Method

A method of foreign currency translation where all financial statement items are converted at the current exchange rate.

Temporal Method

An accounting method used to translate foreign currency financial statements into the parent company's currency, where exchange rates vary depending on the nature of the financial statement item being translated.

Malaysian Palm Oil

A commodity produced from the fruit of the oil palm primarily in Malaysia, used in a variety of food products, cosmetics, and biofuels.

Translation Statement

A document or financial report generated by converting the accounts of a business from one currency to another.