Which of the Following Statements Is Not True of the Mode

question 50

Multiple Choice

Which of the following statements is not true of the mode?

• A) The mode is the most frequently occurring value
• B) There may be more than one mode in a distribution
• C) Distributions may not be multimodal
• D) Some distributions have no mode
• E) The mode is most appropriate for nominal data

---

Definitions:

Issuing Stock

The process by which a company distributes shares to investors in order to raise capital for business expansion or other financial needs.

Investment Projects

Initiatives undertaken by individuals, firms, or governments involving the allocation of resources with the expectation of future returns.

Interest Rate

The fraction of a total sum charged for borrowing it, often shown as a rate per year.

Expected Rate of Profit

Expected profits divided by money invested.