If Karla Wanted to Find the Mode of a Group

question 5

Multiple Choice

If Karla wanted to find the mode of a group of numbers, she would:

• A) add all the numbers and divide the sum by the number of numbers in the data set.
• B) identify the number that falls in the middle when the numbers are listed in order.
• C) figure out which number occurs the most frequently.
• D) subtract the lowest number from the highest number.

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Definitions:

Government Budget Deficit

The financial situation where a government's expenditures exceed its revenues within a specific period, often leading to borrowing.

Government Budget Surplus

A financial situation in which a government's revenues exceed its expenditures during a specific period of time.

Real Interest Rates

Interest rates adjusted for inflation, showing the real cost of borrowing or the real yield on savings.

Real Exchange Rate

An adjusted exchange rate between two currencies that reflects the purchasing power of the two currencies; it factors in the relative prices of a standard set of goods and services in each country.