The Category in a Distribution That Contains a Larger Number

question 23

Multiple Choice

The category in a distribution that contains a larger number of cases than any other category is called the:

• A)mean.
• B)median.
• C)mode.
• D)standard deviation.

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Definitions:

Inferential Statistics

The branch of statistics that focuses on drawing conclusions about a population based on a sample taken from it, usually through hypothesis testing or estimation.

Example

An instance or case that is representative of a concept or demonstrates a particular situation or principle.

Net Present Value

A financial metric used to evaluate the profitability of an investment, calculated by subtracting the present value of cash outflows from the present value of cash inflows over a period.

Annual Revenue

The total amount of money earned from the sale of goods or services in a fiscal year before any expenses are subtracted.