Step 1: Understanding the Concept
The mode of a dataset is the value that appears most frequently. A dataset can have one mode (unimodal), more than one mode (multimodal), or no mode if all values appear with the same frequency.
Step 2: Key Formula or Approach
To find the mode, we count the frequency of each unique value in the dataset. The value with the highest frequency is the mode.
Step 3: Detailed Explanation
The given dataset is \{3, 7, 7, 10, 14\}.
Let's count the occurrences of each number:
- 3 appears 1 time.
- 7 appears 2 times.
- 10 appears 1 time.
- 14 appears 1 time.
The number 7 appears more often than any other number in the dataset.
Step 4: Final Answer
The mode of the dataset is 7.