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  2. Algorithms for calculating variance - Wikipedia

    en.wikipedia.org/wiki/Algorithms_for_calculating...

    This algorithm can easily be adapted to compute the variance of a finite population: simply divide by n instead of n − 1 on the last line.. Because SumSq and (Sum×Sum)/n can be very similar numbers, cancellation can lead to the precision of the result to be much less than the inherent precision of the floating-point arithmetic used to perform the computation.

  3. Slack variable - Wikipedia

    en.wikipedia.org/wiki/Slack_variable

    Slack variables give an embedding of a polytope into the standard f-orthant, where is the number of constraints (facets of the polytope). This map is one-to-one (slack variables are uniquely determined) but not onto (not all combinations can be realized), and is expressed in terms of the constraints (linear functionals, covectors).

  4. Variance reduction - Wikipedia

    en.wikipedia.org/wiki/Variance_reduction

    The variance of randomly generated points within a unit square can be reduced through a stratification process. In mathematics , more specifically in the theory of Monte Carlo methods , variance reduction is a procedure used to increase the precision of the estimates obtained for a given simulation or computational effort. [ 1 ]

  5. Program evaluation and review technique - Wikipedia

    en.wikipedia.org/wiki/Program_Evaluation_and...

    Activity f has an LF of 19.51 and an EF of 14.83, so the slack is 4.68 work days. Therefore, activity b can be delayed almost 4 work days without delaying the project. Likewise, activity d or activity f can be delayed 4.68 work days without delaying the project (alternatively, d and f can be delayed 2.34 work days each). A completed network ...

  6. Reduced cost - Wikipedia

    en.wikipedia.org/wiki/Reduced_cost

    So, in the case of a cost-minimization problem, where the objective function coefficients represent the per-unit cost of the activities represented by the variables, the "reduced cost" coefficients indicate how much each cost coefficient would have to be reduced before the activity represented by the corresponding variable would be cost-effective.

  7. Index of dispersion - Wikipedia

    en.wikipedia.org/wiki/Index_of_dispersion

    In probability theory and statistics, the index of dispersion, [1] dispersion index, coefficient of dispersion, relative variance, or variance-to-mean ratio (VMR), like the coefficient of variation, is a normalized measure of the dispersion of a probability distribution: it is a measure used to quantify whether a set of observed occurrences are clustered or dispersed compared to a standard ...

  8. Current ratio: What it is and how to calculate it - AOL

    www.aol.com/finance/current-ratio-calculate...

    How to calculate the current ratio. You can calculate the current ratio by dividing a company’s total current assets by its total current liabilities. Again, current assets are resources that ...

  9. Critical path method - Wikipedia

    en.wikipedia.org/wiki/Critical_path_method

    Activity E is sub-critical, and has a float of 1 month. The critical path method ( CPM ), or critical path analysis ( CPA ), is an algorithm for scheduling a set of project activities. [ 1 ] A critical path is determined by identifying the longest stretch of dependent activities and measuring the time [ 2 ] required to complete them from start ...