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Intro to Business Statistics
The mode is the value that appears most frequently in a data set. If no value repeats, the data set has no mode.
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The average of a set of numbers, calculated by adding them together and dividing by the number of values.
The middle value in a list of numbers sorted in ascending or descending order. If there is an even number of observations, it is the average of the two middle numbers.
The difference between the highest and lowest values in a data set.