Question

The hourly wages (in dollars) of eight employees in a small company are given as follows: $18, $16, $20, $12, $14, $24, $10, $24.

What is the mode of this data set?

Answer 1

The mode of the provided set of hourly wages is $24, as it is the value that appears most frequently in the list.

Step-by-step explanation:

The mode of a data set is the value that appears most frequently. In the provided list of hourly wages - $18, $16, $20, $12, $14, $24, $10, $24 - we can see that the wage of $24 appears twice while all other amounts appear only once. Therefore, the mode of this data set is $24, since it has the highest frequency of occurrence.