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Running total. A running total or rolling total is the summation of a sequence of numbers which is updated each time a new number is added to the sequence, by adding the value of the new number to the previous running total. Another term for it is partial sum. The purposes of a running total are twofold. First, it allows the total to be stated ...
Microsoft Excel is a spreadsheet editor developed by Microsoft for Windows, macOS, Android, iOS and iPadOS. It features calculation or computation capabilities, graphing tools, pivot tables, and a macro programming language called Visual Basic for Applications (VBA). Excel forms part of the Microsoft 365 suite of software.
In the second line, the number one is added to the fraction, and again Excel displays only 15 figures. In the third line, one is subtracted from the sum using Excel. Because the sum has only eleven 1s after the decimal, the true difference when ‘1’ is subtracted is three 0s followed by a string of eleven 1s.
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In mathematics and statistics, a circular mean or angular mean is a mean designed for angles and similar cyclic quantities, such as times of day, and fractional parts of real numbers. This is necessary since most of the usual means may not be appropriate on angle-like quantities. For example, the arithmetic mean of 0° and 360° is 180°, which ...
Time value of money. The present value of $1,000, 100 years into the future. Curves represent constant discount rates of 2%, 3%, 5%, and 7%. The time value of money refers to the fact that there is normally a greater benefit to receiving a sum of money now rather than an identical sum later. It may be seen as an implication of the later ...
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The basic form of the problem of scheduling jobs with multiple (M) operations, over M machines, such that all of the first operations must be done on the first machine, all of the second operations on the second, etc., and a single job cannot be performed in parallel, is known as the flow-shop scheduling problem.