Correct Answer - Option 4 : 8
Mode: The word mode has been derived from the French word “la Mode” which signifies the most fashionable values of distribution because it is repeated the highest number of times in the series. The mode is the most frequently observed data value. It is denoted by Mo.
- The mode is seldom used and its computation is easy, but it is highly unstable and may change with minor shifts in the frequencies from one interval to another.
- However, there are situations in which the only mode can be used.
- For example, if a shoe company wants to how which size of shoe it should produce more, it would use mode as a measure of central tendency. The most frequently sold size of the shoes is the mode.
- In the above situation, we can see that '8' is repeated for the highest number of times, so the mode is 8.
Hence, we conclude that in the above situation the mode is 8.