ACCA Applied Knowledge · Management Accounting · Summarising and analysing data
A production supervisor records the number of units completed in seven shifts: 42, 38, 45, 38, 50, 41 and 38. What is the mode of this data set?
The mode is 38 because it appears three times, more often than any other value in the data set. The mode is simply the most frequently occurring observation, not the middle value or the average.
- A38Correct
- B41
- C42
- D45
Explanation
The mode is the value occurring most often. 38 appears three times, whereas every other value appears once. The mean (about 41.7) or median (41) are different measures and should not be confused with the mode.
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