Business perspective-mode-mean-median


Problem:

From a business perspective, which measurement is more important the Mode, the Mean, or the Median? Provide examples (business related) that demonstrate the appropriateness of one of these measures and the inappropriateness of the other two in a particular situation.

Can you think of situations where another one of the measures is more appropriate or relevant?

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Accounting Basics: Business perspective-mode-mean-median
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