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Decimal odds are favoured by betting exchanges because they are the easiest to work with for trading, as they reflect the inverse of the probability of an outcome. [13] For example, a quoted odds of 5.00 equals to a probability of 1 / 5.00, that is 0.20 or 20%. Decimal odds are also known as European odds, digital odds or continental odds. [9]
A simple fraction (also known as a common fraction or vulgar fraction, where vulgar is Latin for "common") is a rational number written as a / b or , where a and b are both integers. [9] As with other fractions, the denominator (b) cannot be zero. Examples include 1 2 , − 8 5 , −8 5 , and 8 −5 .
Conversely the period of the repeating decimal of a fraction c / d will be (at most) the smallest number n such that 10 n − 1 is divisible by d. For example, the fraction 2 / 7 has d = 7, and the smallest k that makes 10 k − 1 divisible by 7 is k = 6, because 999999 = 7 × 142857. The period of the fraction 2 / 7 is ...
A mathematical coincidence is said to occur when two expressions with no direct relationship show a near-equality which has no apparent theoretical explanation. For example, there is a near-equality close to the round number 1000 between powers of 2 and powers of 10: Some mathematical coincidences are used in engineering when one expression is ...
In mathematics, a rational number is a number that can be expressed as the quotient or fraction of two integers, a numerator p and a non-zero denominator q. [1] For example, is a rational number, as is every integer (e.g., ). The set of all rational numbers, also referred to as " the rationals ", [2] the field of rationals[3] or ...
A fixed-point representation of a fractional number is essentially an integer that is to be implicitly multiplied by a fixed scaling factor. For example, the value 1.23 can be stored in a variable as the integer value 1230 with implicit scaling factor of 1/1000 (meaning that the last 3 decimal digits are implicitly assumed to be a decimal fraction), and the value 1 230 000 can be represented ...
Approximating a fraction by a fractional decimal number: 5 / 3 1.6667: 4 decimal places: Approximating a fractional decimal number by one with fewer digits 2.1784: 2.18 2 decimal places Approximating a decimal integer by an integer with more trailing zeros 23217: 23200: 3 significant figures Approximating a large decimal integer using ...
Drill bit sizes are written as irreducible fractions. So, instead of 78/64 inch, or 1 14/64 inch, the size is noted as 1 7/32 inch. Below is a chart providing the decimal-fraction equivalents that are most relevant to fractional-inch drill bit sizes (that is, 0 to 1 by 64ths).
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