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In statistics, the 68–95–99.7 rule, also known as the empirical rule, and sometimes abbreviated 3sr, is a shorthand used to remember the percentage of values that lie within an interval estimate in a normal distribution: approximately 68%, 95%, and 99.7% of the values lie within one, two, and three standard deviations of the mean, respectively.
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 ...
If the n + 1 digit is greater than 5 or is 5 followed by other non-zero digits, add 1 to the n digit. For example, if we want to round 1.2459 to 3 significant figures, then this step results in 1.25. If the n + 1 digit is 5 not followed by other digits or followed by only zeros, then rounding requires a tie-breaking rule. For example, to round ...
That means that a price is quoted as, for instance, 99-30+, meaning 99 and 61/64 percent (or 30.5/32 percent) of the face value. As an example, "par the buck plus" means 100% plus 1/64 of 1% or 100.015625% of face value. Most European and Asian bond and futures prices are quoted in decimals so the "tick" size is 1/100 of 1%. [3]
Each standard deviation represents a fixed percentile. Thus, rounding to two decimal places, −3σ is the 0.13th percentile, −2σ the 2.28th percentile, −1σ the 15.87th percentile, 0σ the 50th percentile (both the mean and median of the distribution), +1σ the 84.13th percentile, +2σ the 97.72nd percentile, and +3σ the 99
A repeating decimal is an infinite decimal that, after some place, repeats indefinitely the same sequence of digits (e.g., 5.123144144144144... = 5.123 144). [4] An infinite decimal represents a rational number , the quotient of two integers, if and only if it is a repeating decimal or has a finite number of non-zero digits.
Stock A over the past 20 years had an average return of 10 percent, with a standard deviation of 20 percentage points (pp) and Stock B, over the same period, had average returns of 12 percent but a higher standard deviation of 30 pp. On the basis of risk and return, an investor may decide that Stock A is the safer choice, because Stock B's ...
Approximating an irrational number by a fraction π: 22/7 1-digit-denominator Approximating a rational number by a fraction with smaller denominator 399 / 941 3 / 7 1-digit-denominator 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