Determine the Mode of a Variable from Raw Data
-The

question 1

Multiple Choice

Determine the Mode of a Variable from Raw Data
-The following data represent the bachelor degrees of CEO s at area small businesses. Determine the mode degree. $\begin{array}{l|c}\text { Degree } & \text { Number } \\\hline \text { Accounting } & 24 \\\text { Business } & 47 \\\text { Liberal Arts } & 11 \\\text { Marketing } & 21 \\\text { Other } & 15\end{array}$

• A) business
• B) accounting
• C) marketing
• D) no mode

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Definitions:

Partnership Agreement

A contract between partners in a business that outlines the business structure, distribution of profits and losses, and the terms for changes and dissolution.

Withdrawal

The act of removing oneself or stopping participation in an activity, agreement, or investment.

Actual Authority

The specific powers that an agent is given by a principal to carry out tasks on their behalf.

Partnership

A legal form of business operation between two or more individuals who share management and profits.