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  2. Percentage - Wikipedia

    en.wikipedia.org/wiki/Percentage

    In mathematics, a percentage (from Latin per centum 'by a hundred') is a number or ratio expressed as a fraction of 100. It is often denoted using the percent sign (%), [1] although the abbreviations pct., pct, and sometimes pc are also used. [2] A percentage is a dimensionless number (pure number), primarily used for expressing proportions ...

  3. 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 ...

  4. Continued fraction (generalized) - Wikipedia

    en.wikipedia.org/wiki/Continued_fraction...

    Note: this continued fraction's rate of convergence μ tends to 3 − √ 8 ≈ 0.1715729, hence ⁠ 1 / μ ⁠ tends to 3 + √ 8 ≈ 5.828427, whose common logarithm is 0.7655... ≈ ⁠ 13 / 17 ⁠ > ⁠ 3 / 4 ⁠. The same ⁠ 1 / μ ⁠ = 3 + √ 8 (the silver ratio squared) also is observed in the unfolded general continued fractions of ...

  5. 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 ...

  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. 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 ⁠.

  8. Rhind Mathematical Papyrus - Wikipedia

    en.wikipedia.org/wiki/Rhind_Mathematical_Papyrus

    Happily the context of 51 and 52, together with the base, mid-line, and smaller triangle area (which are given as 4 + 1/2, 2 + 1/4 and 7 + 1/2 + 1/4 + 1/8, respectively) make it possible to interpret the problem and its solution as has been done here. The given paraphrase therefore represents a consistent best guess as to the problem's intent ...

  9. Percentile - Wikipedia

    en.wikipedia.org/wiki/Percentile

    Percentile. Statistic which divides a data set into 100 parts and analyzes it as a percentage. 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 ...

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