The value that appears maximum number of times in a data set is called: MCQ with Answer and Explanation

The value that appears maximum number of times in a data set is called:
A. Range
B. Mean
C. Mode
D. Median
Answer: Option C
Solution (By JKExamLibrary)
Mode is the most frequent value.

This question belongs to: Accountancy and Statistics Statistics

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Practice More Statistics Questions

Question #1 Report Error
Which of the following is a use of vital statistics?
A. Construction of index numbers
B. Planning health services
C. Forecasting stock prices
D. Measuring industrial growth

Correct Answer: Option B


Explanation:
Vital statistics are essential for public health planning and policy formulation.

This question belongs to: Accountancy and Statistics Statistics
Question #2 Report Error
In data classification, 'class width' refers to:
A. The number of classes in the distribution
B. The difference between upper and lower class limits
C. The frequency of the modal class
D. The midpoint of a class interval

Correct Answer: Option B


Explanation:
Class width (or class size) is the difference between the upper and lower boundaries of a class interval, determining the range of values grouped together in a frequency distribution.

This question belongs to: Accountancy and Statistics Statistics
Question #3 Report Error
In a statistical table, the column headings are technically referred to as:
A. Prefatory notes
B. Captions
C. Body
D. Stubs

Correct Answer: Option B


Explanation:
Captions refer to the headings of the columns in a table, whereas stubs refer to the row headings.

This question belongs to: Accountancy and Statistics Statistics