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One reason why the secretary problem has received so much attention is that the optimal policy for the problem (the stopping rule) is simple and selects the single best candidate about 37% of the time, irrespective of whether there are 100 or 100 million applicants.
There are generally two approaches to solving optimal stopping problems. [4] When the underlying process (or the gain process) is described by its unconditional finite-dimensional distributions , the appropriate solution technique is the martingale approach, so called because it uses martingale theory, the most important concept being the Snell ...
An optimal approval vote always votes for the most preferred candidate and not for the least preferred candidate, which is a dominant strategy. An optimal vote can require supporting one candidate and not voting for a more preferred candidate if there 4 candidates or more, e.g. the third and fourth choices are correlated to gain or lose ...
37 is a prime number, [1], a sexy prime, and a Padovan prime 37 is the first irregular prime with irregularity index of 1. [2] 37 is the smallest non-supersingular prime in moonshine theory. 37 is also an emirp because it remains prime when its digits are reversed.
Under this system, someone earning $10,000 is taxed at 10%, paying a total of $1,000. Someone earning $5,000 pays $500, and so on. Meanwhile, someone who earns $25,000 faces a more complicated calculation.
The CBO forecast in April 2018 that under current policy, the sum of annual federal budget deficits (debt increases) would be $13.7 trillion over the 2018-2027 time period. This is $4.3 trillion higher (46%) than the CBO January 2017 baseline of $9.4 trillion. The change is mainly due to the Tax Cuts and Jobs Act of 2017. [43]
Regulatory capture is the process through which a regulatory agency, created to act in the public interest, instead advances the commercial or special concerns of interest groups that dominate the industry it is meant to regulate. [2]
An anti-lock braking system (ABS) is a safety anti-skid braking system used on aircraft and on land vehicles, such as cars, motorcycles, trucks, and buses. [1] ABS operates by preventing the wheels from locking up during braking, thereby maintaining tractive contact with the road surface and allowing the driver to maintain more control over the ...