Returns the most frequently occurring, or repetitive, value in an array or range of data. Like MEDIAN, MODE is a location measure.
Syntax
MODE(number1,number2, ...)
Number1,number2, ... are 1 to 30 arguments for which you want to calculate the mode. You can also use a single array or a reference to an array instead of arguments separated by commas.
Remarks
In a set of values, the mode is the most frequently occurring value; the median is the middle value; and the mean is the average value. No single measure of central tendency provides a complete picture of the data. Suppose data is clustered in three areas, half around a single low value, and half around two large values. Both AVERAGE and MEDIAN may return a value in the relatively empty middle, and MODE may return the dominant low value.
Example
MODE({5.6, 4, 4, 3, 2, 4})
equals 4