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The optimal policy for the problem is a stopping rule.Under it, the interviewer rejects the first r − 1 applicants (let applicant M be the best applicant among these r − 1 applicants), and then selects the first subsequent applicant that is better than applicant M.
Optimal stopping problems can be found in areas of statistics, economics, and mathematical finance (related to the pricing of American options). A key example of an optimal stopping problem is the secretary problem .
2.7% (1 in 37) – Picton- Elevation, New Zealand; 2.65% (1 in 37.7) – Lickey Incline, UK; 2.6% (1 in 38) – A slope near Halden on Østfold Line, Norway – Ok for passenger multiple units, but an obstacle for freight trains which must keep their weight down on this international mainline because of the slope. Freight traffic has mainly ...
AMOC in relation to the global thermohaline circulation . The Atlantic meridional overturning circulation (AMOC) is the main current system in the Atlantic Ocean [1]: 2238 and is also part of the global thermohaline circulation, which connects the world's oceans with a single "conveyor belt" of continuous water exchange. [18]
Percentage solution may refer to: Mass fraction (or "% w/w" or "wt.%"), for percent mass Volume fraction (or "% v/v" or "vol.%"), volume concentration, for percent volume
In linear algebra, Cramer's rule is an explicit formula for the solution of a system of linear equations with as many equations as unknowns, valid whenever the system has a unique solution. It expresses the solution in terms of the determinants of the (square) coefficient matrix and of matrices obtained from it by replacing one column by the ...
Kaminskiy and Krivtsov [107] extended the concept of the Gini coefficient from economics to reliability theory and proposed a Gini-type coefficient that helps to assess the degree of aging of non-repairable systems or aging and rejuvenation of repairable systems. The coefficient is defined between −1 and 1 and can be used in both empirical ...
The viable system model of Stafford Beer is an organizational model with an affine self-similar hierarchy, where a given viable system is one element of the System One of a viable system one recursive level higher up, and for whom the elements of its System One are viable systems one recursive level lower down.