A third measure of location is the mode. The mode is defined as follows.
To illustrate the identification of the mode, consider the sample of five class sizes. The only value that occurs more than once is 46. Because this value, occurring with a frequency of 2, has the greatest frequency, it is the mode. As another illustration, consider the sample of starting salaries for the business school graduates. The only monthly starting salary that occurs more than once is $3480. Because this value has the greatest frequency, it is the mode.
