QUESTION IMAGE
Question
consider the following salaries for the executives of a certain company.
position\tsalary
president\t$190,000
1st vp\t$130,000
2nd vp\t$120,000
supervising manager\t$64,000
accounting manager\t$50,000
personnel manager\t$50,000
department manager\t$30,000
department manager\t$30,000
what is the mode? (enter your answers as a comma - separated list. if an answer does not exist, enter dne.)
dollars
Step1: Recall the definition of mode
The mode is the value(s) that appear most frequently in a data set.
Step2: List the salaries and their frequencies
- Salary: $190,000$, Frequency: 1
- Salary: $130,000$, Frequency: 1
- Salary: $120,000$, Frequency: 1
- Salary: $64,000$, Frequency: 1
- Salary: $50,000$, Frequency: 2 (Accounting manager and Personnel manager)
- Salary: $30,000$, Frequency: 2 (Two Department managers)
Step3: Identify the modes
The salaries $50,000$ and $30,000$ both have a frequency of 2, which is the highest frequency among all salaries.
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