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In game theory, "guess 2 / 3 of the average" is a game where players simultaneously select a real number between 0 and 100, inclusive. The winner of the game is the player(s) who select a number closest to 2 / 3 of the average of numbers chosen by all players. [1]
Now consider the numerators. The first fraction, two thirds, is twice as large as one third. Since one third of a quarter is one twelfth, two thirds of a quarter is two twelfth. The second fraction, three quarters, is three times as large as one quarter, so two thirds of three quarters is three times as large as two thirds of one quarter.
In general, if an increase of x percent is followed by a decrease of x percent, and the initial amount was p, the final amount is p (1 + 0.01 x)(1 − 0.01 x) = p (1 − (0.01 x) 2); hence the net change is an overall decrease by x percent of x percent (the square of the original percent change when expressed as a decimal number).
Words in the cardinal category are cardinal numbers, such as the English one, two, three, which name the count of items in a sequence. The multiple category are adverbial numbers, like the English once , twice , thrice , that specify the number of events or instances of otherwise identical or similar items.
Capital One recommends using the format “One thousand, five hundred and 00/100” for writing out $1,500. That would make $1,200 look like “One thousand, two hundred and 00/100.”
One thirty-second, thirty one-hundred [and] twenty five hundred-thousandths, [zero] point zero three one two five 0.03 3 / 100 Three hundredths, [zero] point zero three 0.025 1 / 40 One fortieth, twenty-five thousandths, [zero] point zero two five 0.02 1 / 50 One fiftieth, two hundredths, [zero] point zero two 0.016 666 ...
1 ⁄ 3: 0.333... Vulgar Fraction One Third 2153 8531 ⅔ 2 ⁄ 3: 0.666... Vulgar Fraction Two Thirds 2154 8532 ⅕ 1 ⁄ 5: 0.2 Vulgar Fraction One Fifth 2155 8533 ⅖ 2 ⁄ 5: 0.4 Vulgar Fraction Two Fifths 2156 8534 ⅗ 3 ⁄ 5: 0.6 Vulgar Fraction Three Fifths 2157 8535 ⅘ 4 ⁄ 5: 0.8 Vulgar Fraction Four Fifths 2158 8536 ⅙ 1 ⁄ 6: 0 ...
Twice (two times) as many as one. doubled. 100% Three 300% Two times more than one, twice more than one, or 200% more than one, because = +. Three times as many as one. tripled. 200% Four 400% Three times more than one, or 300% more than one, because = +. Four times as many as one. quadrupled. 300% Five 500%