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  2. Monty Hall problem - Wikipedia

    en.wikipedia.org/wiki/Monty_Hall_problem

    The game host then opens one of the other doors, say 3, to reveal a goat and offers to let the player switch from door 1 to door 2. The Monty Hall problem is a brain teaser, in the form of a probability puzzle, based nominally on the American television game show Let's Make a Deal and named after its original host, Monty Hall.

  3. 68–95–99.7 rule - Wikipedia

    en.wikipedia.org/wiki/68–95–99.7_rule

    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.

  4. Bootstrapping (statistics) - Wikipedia

    en.wikipedia.org/wiki/Bootstrapping_(statistics)

    The bootstrap sample is taken from the original by using sampling with replacement (e.g. we might 'resample' 5 times from [1,2,3,4,5] and get [2,5,4,4,1]), so, assuming N is sufficiently large, for all practical purposes there is virtually zero probability that it will be identical to the original "real" sample. This process is repeated a large ...

  5. Percentage point - Wikipedia

    en.wikipedia.org/wiki/Percentage_point

    A percentage point or percent point is the unit for the arithmetic difference between two percentages. For example, moving up from 40 percent to 44 percent is an increase of 4 percentage points (although it is a 10-percent increase in the quantity being measured, if the total amount remains the same). [ 1 ]

  6. Percentage - Wikipedia

    en.wikipedia.org/wiki/Percentage

    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).

  7. Law of large numbers - Wikipedia

    en.wikipedia.org/wiki/Law_of_large_numbers

    [11] [12] [3] Thereafter, it was known under both names, but the "law of large numbers" is most frequently used. After Bernoulli and Poisson published their efforts, other mathematicians also contributed to refinement of the law, including Chebyshev , [ 13 ] Markov , Borel , Cantelli , Kolmogorov and Khinchin . [ 3 ]

  8. Grade (slope) - Wikipedia

    en.wikipedia.org/wiki/Grade_(slope)

    3.6% (1 in 28) – The Westmere Bank, New Zealand has a ruling gradient of 1 in 35, however peaks at 1 in 28; 3.33% (1 in 30) – Umgeni Steam Railway, South Africa [24] 3.0% (1 in 33) – several sections of the Main Western line between Valley Heights and Katoomba in the Blue Mountains Australia. [25]

  9. Round-off error - Wikipedia

    en.wikipedia.org/wiki/Round-off_error

    A floating-point number system is normalized if the leading digit is always nonzero unless the number is zero. [3] Since the significand is d 0 . d 1 d 2 … d p − 1 {\displaystyle d_{0}.d_{1}d_{2}\ldots d_{p-1}} , the significand of a nonzero number in a normalized system satisfies 1 ≤ significand < β p {\displaystyle 1\leq {\text ...