Loan Processor Job Description. If you have ever bought a car, a house or anything that took more money than you have in your bank account, chances are you've worked with a loan processor.
Multimodal distribution. In statistics, a bimodal distribution is a continuous probability distribution with two different modes. These appear as distinct peaks (local maxima) in the probability density function, as shown in Figures 1 and 2.
Bimodal distributions are a commonly used example of how summary statistics such as the mean, median, and standard deviation can be deceptive when used on an arbitrary distribution. For example, in the distribution in Figure 1, the mean and median would be about zero, even though zero is not a typical value.igure 1. A simple bimodal distribution, in this case a mixture of two normal distributions with the same variance but different means. The figure shows the probability density function (p.d.f.), which is an average of the bell-shaped p.d.f.s of the two normal distributions.