QUESTION IMAGE
Question
find the mode(s) of the following amounts (in thousands of dollars) in savings accounts of randomly selected people aged 25 - 30. 1, 3, 10, 4, 8, 2, 4, 4, 7, 5, 7, 7 separate answers with a comma if needed. provide your answer below. mode(s) = thousand dollars
Step1: Count occurrences of each number
- 1: 1 time
- 3: 1 time
- 10: 1 time
- 4: 3 times ($4,4,4$)
- 8: 1 time
- 2: 1 time
- 7: 3 times ($7,7,7$)
- 5: 1 time
Step2: Identify the number(s) with the highest frequency
The numbers 4 and 7 both occur 3 times, which is the highest frequency among all numbers.
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