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  2. Simpson's rule - Wikipedia

    en.wikipedia.org/wiki/Simpson's_rule

    Simpson's 1/3 rule, also simply called Simpson's rule, is a method for numerical integration proposed by Thomas Simpson. It is based upon a quadratic interpolation and is the composite Simpson's 1/3 rule evaluated for . Simpson's 1/3 rule is as follows: where is the step size for .

  3. Odds - Wikipedia

    en.wikipedia.org/wiki/Odds

    For example, given that there is a pattern of odds of 5/4, 7/4, 9/4 and so on, odds which are mathematically 3/2 are more easily compared if expressed in the equivalent form 6/4. Fractional odds are also known as British odds, UK odds, [9] or, in that country, traditional odds. They are typically represented with a "/" but can also be ...

  4. Fraction - Wikipedia

    en.wikipedia.org/wiki/Fraction

    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 ⁠.

  5. Visual acuity - Wikipedia

    en.wikipedia.org/wiki/Visual_acuity

    In the expression 6/x vision, the numerator (6) is the distance in metres between the subject and the chart and the denominator (x) the distance at which a person with 6/6 acuity would discern the same optotype. Thus, 6/12 means that a person with 6/6 vision would discern the same optotype from 12 metres away (i.e. at twice the distance).

  6. 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.

  7. Quantile - Wikipedia

    en.wikipedia.org/wiki/Quantile

    Therefore, 6 is the rank in the population (from least to greatest values) at which approximately 2/4 of the values are less than the value of the second quartile (or median). The sixth value in the population is 9. 9 Third quartile The third quartile value for the original example above is determined by 11×(3/4) = 8.25, which rounds up to 9.

  8. Ratio - Wikipedia

    en.wikipedia.org/wiki/Ratio

    If the ratio consists of only two values, it can be represented as a fraction, in particular as a decimal fraction. For example, older televisions have a 4:3 aspect ratio, which means that the width is 4/3 of the height (this can also be expressed as 1.33:1 or just 1.33 rounded to two decimal places). More recent widescreen TVs have a 16:9 ...

  9. Fixed-point arithmetic - Wikipedia

    en.wikipedia.org/wiki/Fixed-point_arithmetic

    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 ...