The Mode – Definition, Features, Merits & Demerits of Modal
Posted inEconomics

The Mode – Definition, Features, Merits & Demerits of Modal

Mode is the score that occurs most frequently in a set of scores. For example, the mode of 3, 4, 5, 6, 3, 7, 4 8, 3, 9 and 10 is 3 because it is the figure that occurs most frequently in the set. A set of values can have two modes or bi-modals, e.g. 3, 9, 12, 6, 11, 24, 13, 11, 6.
UNCTAD: Functions, Aims & Objectives of United Nations Conference on Trade and Development
Posted inEconomics Finance Government & Politics

UNCTAD: Functions, Aims & Objectives of United Nations Conference on Trade and Development

The formation of United Nations Conference on Trade and Development UNCTAD in 1964 was initiated by the less developed nations of the world, the majority of which are members of the United Nations. Its headquarters is located in Geneva, Switzerland. Since its inception in 1964, it has been holding full sessions at least once in every four years.