Search results
Results from the WOW.Com Content Network
A percentage point or percent point is the unit for the arithmetic difference between two percentages. For example, moving up from 40 percent to 44 percent is an increase of 4 percentage points (although it is a 10-percent increase in the quantity being measured, if the total amount remains the same). [ 1 ]
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 repeating decimal or recurring decimal is a decimal representation of a number whose digits are eventually periodic (that is, after some place, the same sequence of digits is repeated forever); if this sequence consists only of zeros (that is if there is only a finite number of nonzero digits), the decimal is said to be terminating, and is not considered as repeating.
Percentile. In statistics, a k-th percentile, also known as percentile score or centile, is a score below which a given percentage k of scores in its frequency distribution falls (" exclusive " definition) or a score at or below which a given percentage falls (" inclusive " definition). Percentiles are expressed in the same unit of measurement ...
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 ...
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 ...
The phrase per mille (from Latin per mīlle 'in each thousand') [1] indicates parts per thousand. [2] The associated symbol is ‰, similar to a per cent sign % but with an extra zero in the divisor. 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 ...
The nominal interest rate, also known as an annual percentage rate or APR, is the periodic interest rate multiplied by the number of periods per year. For example, a nominal annual interest rate of 12% based on monthly compounding means a 1% interest rate per month (compounded). [2] A nominal interest rate for compounding periods less than a ...