Mode: The Most Frequent & Common Term in Stats
“Look for the numbers that repeats”
Lets see with an example:-
For the data set of NY, you can see $3.00 appears twice and it has the most appearance. Then Mode of pizza prices in NY is $3.00
For the data set of LA, you can see no number appears twice (or more). Then we can say no mode of pizza prices in LA.
Generally there are 2 or 3 modes are quite frequently. You can pick one of them depends in the purpose of your work.
Lets see the uses cases in Datascience:-
1. Categorical Data Analysis
The mode is particularly useful for summarizing categorical data, where it represents the most common category.
Example: In a survey of favorite ice cream flavors, the mode can reveal the most popular flavor among respondents.