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  2. Ratio - Wikipedia

    en.wikipedia.org/wiki/Ratio

    Ratio. In mathematics, a ratio (/ ˈreɪʃ (i) oʊ /) shows how many times one number contains another. For example, if there are eight oranges and six lemons in a bowl of fruit, then the ratio of oranges to lemons is eight to six (that is, 8:6, which is equivalent to the ratio 4:3). Similarly, the ratio of lemons to oranges is 6:8 (or 3:4) and ...

  3. Odds - Wikipedia

    en.wikipedia.org/wiki/Odds

    Thus even odds 1/1 are quoted in decimal odds as 2.00. The 4/1 fractional odds discussed above are quoted as 5.00, while the 1/4 odds are quoted as 1.25. This is considered to be ideal for parlay betting, because the odds to be paid out are simply the product of the odds for each outcome wagered on. When looking at decimal odds in betting terms ...

  4. Redlich–Kwong equation of state - Wikipedia

    en.wikipedia.org/wiki/Redlich–Kwong_equation_of...

    In physics and thermodynamics, the Redlich–Kwong equation of state is an empirical, algebraic equation that relates temperature, pressure, and volume of gases. It is generally more accurate than the van der Waals equation and the ideal gas equation at temperatures above the critical temperature .

  5. Kelly criterion - Wikipedia

    en.wikipedia.org/wiki/Kelly_criterion

    Example of the optimal Kelly betting fraction, versus expected return of other fractional bets. In probability theory, the Kelly criterion (or Kelly strategy or Kelly bet) is a formula for sizing a sequence of bets by maximizing the long-term expected value of the logarithm of wealth, which is equivalent to maximizing the long-term expected geometric growth rate.

  6. Quantile - Wikipedia

    en.wikipedia.org/wiki/Quantile

    The rank of the first quartile is 10×(1/4) = 2.5, which rounds up to 3, meaning that 3 is the rank in the population (from least to greatest values) at which approximately 1/4 of the values are less than the value of the first quartile. The third value in the population is 7. 7 Second quartile

  7. Simpson's rule - Wikipedia

    en.wikipedia.org/wiki/Simpson's_rule

    Composite Simpson's 3/8 rule is even less accurate. Integration by Simpson's 1/3 rule can be represented as a weighted average with 2/3 of the value coming from integration by the trapezoidal rule with step h and 1/3 of the value coming from integration by the rectangle rule with step 2h. The accuracy is governed by the second (2h step) term.

  8. Fraction - Wikipedia

    en.wikipedia.org/wiki/Fraction

    A unit fraction is a common fraction with a numerator of 1 (e.g., ⁠ 1 / 7 ⁠). 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 ⁠.

  9. Geometric series - Wikipedia

    en.wikipedia.org/wiki/Geometric_series

    Each of the purple squares has 1/4 of the area of the next larger square (1/2× 1/2 = 1/4, 1/4×1/4 = 1/16, etc.). The sum of the areas of the purple squares is one third of the area of the large square. Another geometric series (coefficient a = 4/9 and common ratio r = 1/9) shown as areas of purple squares.

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