There are lottery tickets labelled numbers from 1 to 500. I want to find the number which is most common in the lottery tickets. What quantity do I need to use?
None of the above
In a distribution, mode gives the data whose frequency is highest. This means that for an ungrouped distribution the mode is the value of the data that repeats the maximum number of times. For the lottery tickets, I want to find the most repeated number. Mode will serve this purpose.