7
QuizMultiple Choice

Income Data — Quiz

Question 7 • Financial Math

A histogram displays the distribution of weekly incomes for a group of workers. The most frequent income range is between $⁢500 and $⁢600 Which measure of central tendency does this information represent?

Answer
A
Cannot be determined without a histogram.
B
mode
C
mean
D
median

Explanation

The mode is the value or range that occurs most often. Since the $500–$600 income range is stated to be the most frequent, it represents the mode; the actual histogram is not needed to identify it.

AI-written and checked against the verified answer.

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