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To get the percentage, 1 is divided by the sum of 3 and 1, giving 0.25, or 25% or 1/(3+1). To convert any percentage or fraction to the equivalent odds, the numerator is subtracted from the denominator. The difference is compared to the numerator as a ratio. For example, to convert 25%, or 1/4, 1 is subtracted from 4 to get 3.
The true odds against winning for each of the three horses are 1–1, 3–2 and 9–1, respectively. In order to generate a profit on the wagers accepted, the bookmaker may decide to increase the values to 60%, 50% and 20% for the three horses, respectively. This represents the odds against each, which are 4–6, 1–1 and 4–1, in order.
A simple example is the tossing of a fair (unbiased) coin. Since the coin is fair, the two outcomes ("heads" and "tails") are both equally probable; the probability of "heads" equals the probability of "tails"; and since no other outcomes are possible, the probability of either "heads" or "tails" is 1/2 (which could also be written as 0.5 or 50%).
For the multiplicative inverse of a real number, divide 1 by the number. For example, the reciprocal of 5 is one fifth (1/5 or 0.2), and the reciprocal of 0.25 is 1 divided by 0.25, or 4. The reciprocal function, the function f(x) that maps x to 1/x, is one of the simplest examples of a function which is its own inverse (an involution).
In 2017, it was proven [14] that there exists a unique function F which is a solution of the equation F(z + 1) = exp(F(z)) and satisfies the additional conditions that F(0) = 1 and F(z) approaches the fixed points of the logarithm (roughly 0.318 ± 1.337i) as z approaches ±i∞ and that F is holomorphic in the whole complex z-plane, except the ...
Unit fractions can also be expressed using negative exponents, as in 2 −1, which represents 1/2, and 2 −2, which represents 1/(2 2) or 1/4. A dyadic fraction is a common fraction in which the denominator is a power of two, e.g. 1 / 8 = 1 / 2 3 . In Unicode, precomposed fraction characters are in the Number Forms block.
The equals sign (British English) or equal sign (American English), also known as the equality sign, is the mathematical symbol =, which is used to indicate equality. [1] In an equation , it is placed between two expressions that have the same value, or for which one studies the conditions under which they have the same value.
For example, in duodecimal, 1 / 2 = 0.6, 1 / 3 = 0.4, 1 / 4 = 0.3 and 1 / 6 = 0.2 all terminate; 1 / 5 = 0. 2497 repeats with period length 4, in contrast with the equivalent decimal expansion of 0.2; 1 / 7 = 0. 186A35 has period 6 in duodecimal, just as it does in decimal. If b is an integer base ...