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  2. Basis point - Wikipedia

    en.wikipedia.org/wiki/Basis_point

    A related concept is one part per ten thousand, ⁠ 1 / 10,000 ⁠.The same unit is also (rarely) called a permyriad, literally meaning "for (every) myriad (ten thousand)". [4] [5] If used interchangeably with basis point, the permyriad is potentially confusing because an increase of one basis point to a 10 basis point value is generally understood to mean an increase to 11 basis points; not ...

  3. Probability - Wikipedia

    en.wikipedia.org/wiki/Probability

    Probability is the branch of mathematics and statistics concerning events and numerical descriptions of how likely they are to occur. The probability of an event is a number between 0 and 1; the larger the probability, the more likely an event is to occur. [note 1] [1] [2] This number is often expressed as a percentage (%), ranging from 0% to ...

  4. P versus NP problem - Wikipedia

    en.wikipedia.org/wiki/P_versus_NP_problem

    Although the P = NP problem itself remains open despite a million-dollar prize and a huge amount of dedicated research, efforts to solve the problem have led to several new techniques. In particular, some of the most fruitful research related to the P = NP problem has been in showing that existing proof techniques are insufficient for answering ...

  5. Bayes' theorem - Wikipedia

    en.wikipedia.org/wiki/Bayes'_theorem

    Price edited [3] Bayes's major work "An Essay Towards Solving a Problem in the Doctrine of Chances" (1763), which appeared in Philosophical Transactions, [4] and contains Bayes' theorem. Price wrote an introduction to the paper that provides some of the philosophical basis of Bayesian statistics and chose one of the two solutions Bayes offered.

  6. Per mille - Wikipedia

    en.wikipedia.org/wiki/Per_mille

    Major dictionaries do not agree on the spelling, [1] [2] [3] giving other options of per mil, [2] per mill, [1] [3] permil, [1] [4] permill, [1] permille. [ 5 ] [ 6 ] The word promille is the cognate in Dutch, German, Finnish and Swedish, and is sometimes seen as a loanword in English with the same meaning as per mille .

  7. Power of two - Wikipedia

    en.wikipedia.org/wiki/Power_of_two

    Two to the power of n, written as 2 n, is the number of values in which the bits in a binary word of length n can be set, where each bit is either of two values. A word, interpreted as representing an integer in a range starting at zero, referred to as an "unsigned integer", can represent values from 0 (000...000 2) to 2 n − 1 (111...111 2) inclusively.

  8. Failure rate - Wikipedia

    en.wikipedia.org/wiki/Failure_rate

    The mean time between failures (MTBF, /) is often reported instead of the failure rate, as numbers such as "2,000 hours" are more intuitive than numbers such as "0.0005 per hour". However, this is only valid if the failure rate λ ( t ) {\displaystyle \lambda (t)} is actually constant over time, such as within the flat region of the bathtub curve.

  9. Artificial intelligence - Wikipedia

    en.wikipedia.org/wiki/Artificial_intelligence

    Artificial intelligence (AI), in its broadest sense, is intelligence exhibited by machines, particularly computer systems.It is a field of research in computer science that develops and studies methods and software that enable machines to perceive their environment and use learning and intelligence to take actions that maximize their chances of achieving defined goals. [1]