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Definition
Type of average that refers to the most-common or most-frequently occurring value in a series of data. For example, the mode of the series 1, 2, 2, 3, 4, 4, 4, 5, 5, 6 is 4 because it is the only value occurring thrice. In any series there may or may not be a mode, or two modes (called bimodal series) or more modes (called multimodal series). In a frequency distribution graph, the peak represents the mode.
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mode is in the Statistics, Mathematics, & Analysis subject.
mode appears in the definitions of the following terms:
shipping terms,
deviation,
digital enhanced cordless telecommunication (DECT),
uncertainty,
store and forward,
multimodal transport,
roaming,
deductive reasoning,
preferred modes indicator,
normal distribution
and
mode appears in these other terms:
entrepreneurial mode,
adaptive mode,
task selection model,
dividend valuation model,
mode of transmission,
Box Jenkins (B-J) models,
failure mode and effects analysis (FMEA),
fixed interval inventory model,
descriptive model,
dividend discount model
and
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