Mode (statistics) in the context of "Population (statistics)"


Mode (statistics) in the context of "Population (statistics)"

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⭐ Core Definition: Mode (statistics)

In statistics, the mode is the value that appears most often in a set of data values. If X is a discrete random variable, the mode is the value x at which the probability mass function P(X) takes its maximum value, i.e., x = argmaxxi P(X = xi). In other words, it is the value that is most likely to be sampled.

Like the statistical mean and median, the mode is a summary statistic about the central tendency of a random variable or a population. The numerical value of the mode is the same as that of the mean and median in a normal distribution, but it may be very different in highly skewed distributions.

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