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mode definition - finance
The number in a series of numbers that occurs most frequently. If each observation occurs an equal number of times, there is no mode. If two or more observations occur the same number of times, then there is more than one mode, in which case the sample is called multimodal. For example, the mode of 2, 1, 5, and 1 is 1.

Webster's New World Finance and Investment Dictionary Copyright © 2003 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.

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