BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -Mode is most useful as a measure of central tendency when examining categorical data, such as models of cars or flavors of soda, for which a mathematical average median value based on ordering can not be calculated.

Detailed explanation-2: -Answer: Mode is the number which occurs the most in a given data, hence, it is always one of the numbers in a data.

Detailed explanation-3: -It is not used in statistical analysis as it is not algebraically defined and the fluctuation in the frequency of observation is more when the sample size is small.

Detailed explanation-4: -What is a Median? The Median is the middle value of a set of data. To determine the median value in a sequence of numbers, the numbers must first be arranged in ascending order. If there is an odd amount of numbers, the median value is the number that is in the middle, with the same amount of numbers below and above.