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Economics · Methods and tools of economic analysis

EconomicsMethods and tools of economic analysisWAEC

A survey found that a loaf of bread cost ₦600, ₦650, ₦650, ₦700 and ₦800 in five shops. Find the mode.

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Answer: D. ₦650

₦650 occurs twice, more than any other price; ₦680 is the mean.

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