The mode is used infrequently in business applications because it:
A)is difficult to compute.
B)does not represent the true center of numerical data.
C)is too labor intensive.
D)is an accurate measure of central tendency.

Question

Quizplus · Accepted Answer

The mode is not a reliable measure of central tendency because it only represents the most frequently occurring value in a dataset and may not accurately reflect the true center of the data. Additionally, it may not be applicable in many business applications where numerical data may not have clear categorical values. Therefore, the mode is used infrequently in business applications.

The Mode Is Used Infrequently in Business Applications Because It