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If there are 2 oranges and 3 apples, the ratio of oranges to apples is 2:3, and the ratio of oranges to the total number of pieces of fruit is 2:5. These ratios can also be expressed in fraction form: there are 2/3 as many oranges as apples, and 2/5 of the pieces of fruit are oranges.
Decimals are also to be used instead of fractions, as in "3.5 percent of the gain" and not "3 + 1 ⁄ 2 percent of the gain". However the titles of bonds issued by governments and other issuers use the fractional form, e.g. " 3 + 1 ⁄ 2 % Unsecured Loan Stock 2032 Series 2".
Cost-plus pricing is a pricing strategy by which the selling price of a product is determined by adding a specific fixed percentage (a "markup") to the product's unit cost. Essentially, the markup percentage is a method of generating a particular desired rate of return. [1] [2] An alternative pricing method is value-based pricing. [3]
Operating income was $21.2 billion, up 61% year over year, and trailing 12-month free cash flow adjusted for equipment finance leases was $36.2 billion, up $700 million year over year.
In statistics, the 68–95–99.7 rule, also known as the empirical rule, and sometimes abbreviated 3sr or 3 σ, is a shorthand used to remember the percentage of values that lie within an interval estimate in a normal distribution: approximately 68%, 95%, and 99.7% of the values lie within one, two, and three standard deviations of the mean ...
For example, in a recipe that calls for 10 pounds of flour and 5 pounds of water, the corresponding baker's percentages are 100% for the flour and 50% for the water. Because these percentages are stated with respect to the weight of flour rather than with respect to the weight of all ingredients, the sum of these percentages always exceeds 100%.
The 25th percentile is also known as the first quartile (Q 1), the 50th percentile as the median or second quartile (Q 2), and the 75th percentile as the third quartile (Q 3). For example, the 50th percentile (median) is the score below (or at or below , depending on the definition) which 50% of the scores in the distribution are found.
Volume percent is the concentration of a certain solute, measured by volume, in a solution.It has as a denominator the volume of the mixture itself, as usual for expressions of concentration, [2] rather than the total of all the individual components’ volumes prior to mixing: