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Concepts
1. In Business, when is it practical to use Mean as compared to Median, and vice versa? Give
examples.
2. In Business, when is it practical to use Mode? Give an example.
3. Submit a softcopy using the “letter” paper size (Don’t forget to indicate the question before you
answer. Also, place your name, section, and the date of submission in the upper portion of the
document). The filename should follow the format: Section – Surname, First name (MoL-lec)
e.g. 2M9 – Carrasco_Russell (MoL-lec)