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Best suited measure of central tendency in different cases and the Empirical relationship between them

There are lot...

Question

There are lottery tickets labelled with any of the numbers from 1 to 500. I want to find the number which is the most common in the lottery tickets. Which measures of central tendency do I need to use?

Median

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Mean

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Mode

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None of the above

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Solution

The correct option is C Mode
In a distribution, mode gives the data whose frequency is highest. This means that for an ungrouped data, the mode is the value of the data that repeats maximum number of times. For the lottery tickets, if I want to find the most repeated number, mode will serve this purpose.

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