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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.
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] 37 is the smallest non-supersingular prime in moonshine theory. 37 is also an emirp because it remains prime when its digits are reversed. The secretary problem is also known as the 37% rule, since 1 e ≈ 37 % {\displaystyle {\tfrac {1}{e}}\approx 37\%} .
The average rate for shorter 15-year terms is 6.35% for purchase and 6.38% for refinance, a decrease of 2 basis points from 6.37% for purchase and increase of 2 basis points from 6.36% for ...
Based on the Gordon-Loeb model, the company’s security investment should not exceed €120,000 × 0.37 = €44,000. The model was first introduced by Lawrence A. Gordon and Martin P. Loeb in a 2002 paper published in ACM Transactions on Information and System Security , titled "The Economics of Information Security Investment". [ 1 ]
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]
Right before a wheel locks up, it will experience a rapid deceleration. If left unchecked, the wheel would stop much more quickly than any car could. It might take a car two to four seconds to stop from 60 mph (96.6 km/h) under ideal conditions, but a wheel that locks up could stop spinning in less than a second.
Michael Ignatieff declared on May 3, 2011, that he intended to resign as leader of the Liberal Party of Canada, but his statement was worded so as not to be an actual resignation to avoid immediately triggering a leadership vote under party rules; he tendered a letter of resignation to the party's National Board of Directors on May 11.