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.
By Courtney Taylor. Definition: A data set is bimodal if it has two modes. This occurs when two data values tie for having the highest frequency.Examples: The data set 1, 2, 3, 5, 5, 6, 8, 10, 10 is bimodal, because both 5 and 10 show up twice in the list of values.xamples: The data set 1, 2, 3, 5, 5, 6, 8, 10, 10 is bimodal, because both 5 and 10 show up twice in the list of values.