In a Group of Five Individuals,two Report Annual Incomes of $10,000,and

question 50

Multiple Choice

In a group of five individuals,two report annual incomes of $10,000,and the other three report incomes of $14,000,$15,000,and $31,000,respectively.The mode of this group's distribution of annual incomes is

• A) $10,000.
• B) $15,000.
• C) $16,000.
• D) $31,000.

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Definitions:

Interrelationships

Mutual or reciprocal relations between components of a system, indicating how they influence or interact with each other within a framework or process.

Crashing

Shortening activity time in a network to reduce time on the critical path so total completion time is reduced.

Network

A collection of interconnected devices or people that exchange data, resources, or communications.

PERT Analysis

Program Evaluation and Review Technique; a project management tool used to plan, schedule, and control complex tasks.