The net incomes (in $millions) of a sample of steel fabricators are: $86, $67, $86 and $85. What is the modal net income?
A) $67
B) $85
C) $85.5
D) $86
E) $84

Question

Quizplus · Accepted Answer

The mode is the value that appears most frequently in a set of data. In this case, the net income of $86 appears twice, while $67 and $85 appear only once each. Therefore, the modal net income is $86.

The Net Incomes (In $Millions) of a Sample of Steel