In order to maximise her profit on sales of mobile phones by buying bulk amount, a seller wishes to analyse the sale numbers of all known brands in the market. Which measure should she use to decide the brands that have been sold in large numbers?
Mean
Mode
Median
Any of
Answers
Given : In order to maximise her profit on sales of mobile phones by buying bulk amount, a seller wishes to analyse the sale numbers of all known brands in the market.
To Find : Which measure should she use to decide the brands that have been sold in large numbers
Mean
Mode
Median
Any of
Solution:
Mode is the Right answer
The mode is the value that appears most often in a set of data values.
Hence Brand which is Selling maximum number is the Mode of the data
Median Divide data set in two Equal halves (Lower & upper)
Mean is the Average of Data Set
she should use MODE to decide the brands that have been sold in large numbers
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