Is It Possible for a Data Set to Have No

question 96

Multiple Choice

Is it possible for a data set to have no mode?

• A) Yes, if two observations occur twice.
• B) No, unless there is an odd number of observations.
• C) No, if the data set is nonempty, there is always a mode.
• D) Yes, if there are no observations that occur more than once.

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Definitions:

Interest Expense

The cost incurred by an entity for borrowed funds over a period of time.

Debt to Assets Ratio

A financial ratio that measures the percentage of a company's assets that are financed by debt, used to gauge a company's financial leverage.

Total Assets

The aggregate of all resources owned by a company, valued in monetary terms.

Creditors

Individuals or institutions to which money is owed by a person or entity.