Question
What are two main differences between mode and median?
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Mode
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Median
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1.
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lt is that variable which is repeated the greatest number of times.
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It is the middle most value of a particular series.
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2.
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lt does not divide the series.
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It divides the series in two equal parts.
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| Output (Units) | Total Revenue (₹) | Marginal Cost (₹) |
| 1 | 15 | 14 |
| 2 | 16 | 24 |
| 3 | 17 | 30 |
| 4 | 18 | 51 |
| 5 | 19 | 75 |