Yes, that's the basis of the formula I was referring to which can be found
here:
This would give [math]15+\frac{5-4}{(5-4)+(5-2)}5=15+\frac{5}{4}=16.25[/math]
This answer is a reasonable guess, but
can't be the mode of the actual underlying data, since it isn't a whole number.
It is most likely that the actual mode is in or near the modal class; but it's conceivable that the actual data are
7,8,9, 11,12,13,14, 15,16,17,18,19, 23,23, 26
in which case the mode is 23, though that is in the class with second-lowest frequency!
So I'll say again, we can estimate that the mode is likely to be in the modal class, but have no certainty except that it can't be in the class with frequency 1. And this reinforces the fact that the mode of a small dataset is not very significant.