Which of these measures of central tendency would be most applicable to the Tax Rate variable?Group of answer choicesModeMedianMeanNone of these options are appropriate. Last Last Name ofFour #Taxpayerof SSN12342345345645675678678978908901901210231123RunnelsSoppRitterHarrisOkadaGarciaKnightBordenLopezCopelandBrooksEarnings$118,421$23,430$150,818$171,110$104,119$51,900$159,283$107,253$108,181$77,590$719,724Used TaxSoftware?YESNOYESNONONOYESYESNOYESYESFiling asMarried?YesYesYesNoNoNoNoYesNoYesNoRefund /Owed $?LOW OWELOW REFEVENHI REFHI OWELOW REFLOW REFEVENHI REFLOW OWEHI OWETax Rate%1521242616303521232015

The data for the "Tax Rate" variable from the table is as follows:Mode: The mode is the value that…

Answered: Which of these measures of central…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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Question

Which of these measures of central tendency would be most applicable to the Tax Rate variable?

Group of answer choices

Mode

Median

Mean

None of these options are appropriate.

Last Last Name of
Four #
Taxpayer
of SSN
1234
2345
3456
4567
5678
6789
7890
8901
9012
1023
1123
Runnels
Sopp
Ritter
Harris
Okada
Garcia
Knight
Borden
Lopez
Copeland
Brooks
Earnings
$118,421
$23,430
$150,818
$171,110
$104,119
$51,900
$159,283
$107,253
$108,181
$77,590
$719,724
Used Tax
Software?
YES
NO
YES
NO
NO
NO
YES
YES
NO
YES
YES
Filing as
Married?
Yes
Yes
Yes
No
No
No
No
Yes
No
Yes
No
Refund /
Owed $?
LOW OWE
LOW REF
EVEN
HI REF
HI OWE
LOW REF
LOW REF
EVEN
HI REF
LOW OWE
HI OWE
Tax Rate
%
15
21
24
26
16
30
35
21
23
20
15

Definition Definition Measure of central tendency that is the value that occurs most frequently in a data set. A data set may have more than one mode if multiple categories repeat an equal number of times. For example, in a data set with five item—3, 5, 5, 29, 473—the mode is 5 because it occurs twice and no other value occurs more than once. On a histogram or bar chart, the element with the highest bar represents the mode. Therefore, the mode is sometimes considered the most popular option. The mode is useful for nominal or categorical data (e.g., the most common color car that users purchase), but it is problematic for continuous data because it is more likely not to have any value that is more frequent than the other.

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