Search results
Results from the WOW.Com Content Network
If there are n-1 phantoms at 0, then the median rule returns the minimum of all real votes. If there are n-1 phantoms at 100, then the median rule returns the maximum of all real votes. If there are n-1 phantoms at 50, then the median rule returns 50 if some ideal points are above and some are below 50; otherwise, it returns the vote closest to 50.
The median voter theorem shows that when preferences are restricted to be single-peaked on the real line, Arrow's theorem does not hold, and the median voter's ideal point is a Condorcet winner. The chaos theorem shows that this good news does not continue in multiple dimensions.
The drawdown duration is the length of any peak to peak period, or the time between new equity highs. The max drawdown duration is the worst (the maximum/longest) amount of time an investment has seen between peaks (equity highs). Many assume Max DD Duration is the length of time between new highs during which the Max DD (magnitude) occurred.
With single-peaked preferences, there is a simple truthful mechanism for selecting an outcome, which is to select the median quantity; this results in the median voter theorem. [citation needed] It is truthful because the median function satisfies the strong monotonicity property.
Market Rules to Remember is a list of ten cautionary rules for investors that was written in 1998 by the then-retired Chief Market Analyst at Merrill Lynch, Bob Farrell. The rules became iconic on Wall Street and are frequently reprinted in leading financial advisory publications.
A drawdown of the Upper Delaware River reservoirs is set to start June 1. This will help mitigate flood risk while the Delaware Aqueduct is repaired.
The median of a power law distribution x −a, with exponent a > 1 is 2 1/(a − 1) x min, where x min is the minimum value for which the power law holds [10] The median of an exponential distribution with rate parameter λ is the natural logarithm of 2 divided by the rate parameter: λ −1 ln 2.
The highest median voting rules are a class of graded voting rules where the candidate with the highest median rating is elected.. The various highest median rules differ in their treatment of ties, i.e., the method of ranking the candidates with the same median rating.