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  2. Odds - Wikipedia

    en.wikipedia.org/wiki/Odds

    Decimal odds are favoured by betting exchanges because they are the easiest to work with for trading, as they reflect the inverse of the probability of an outcome. [13] For example, a quoted odds of 5.00 equals to a probability of 1 / 5.00, that is 0.20 or 20%. Decimal odds are also known as European odds, digital odds or continental odds. [9]

  3. Fraction - Wikipedia

    en.wikipedia.org/wiki/Fraction

    A simple fraction (also known as a common fraction or vulgar fraction, where vulgar is Latin for "common") is a rational number written as a / b or ⁠ ⁠, where a and b are both integers. [9] As with other fractions, the denominator (b) cannot be zero. Examples include ⁠ 1 2 ⁠, − ⁠ 8 5 ⁠, ⁠ −8 5 ⁠, and ⁠ 8 −5 ⁠.

  4. Lottery mathematics - Wikipedia

    en.wikipedia.org/wiki/Lottery_mathematics

    In a typical 6/49 game, each player chooses six distinct numbers from a range of 1–49. If the six numbers on a ticket match the numbers drawn by the lottery, the ticket holder is a jackpot winner— regardless of the order of the numbers. The probability of this happening is 1 in 13,983,816. The chance of winning can be demonstrated as ...

  5. Approximations of π - Wikipedia

    en.wikipedia.org/wiki/Approximations_of_π

    He also gave two other approximations of π: π ≈ 22 ⁄ 7 and π ≈ 355 ⁄ 113, which are not as accurate as his decimal result. The latter fraction is the best possible rational approximation of π using fewer than five decimal digits in the numerator and denominator. Zu Chongzhi's results surpass the accuracy reached in Hellenistic ...

  6. Ratio - Wikipedia

    en.wikipedia.org/wiki/Ratio

    In mathematics, a ratio ( / ˈreɪʃ ( i) oʊ /) shows how many times one number contains another. For example, if there are eight oranges and six lemons in a bowl of fruit, then the ratio of oranges to lemons is eight to six (that is, 8:6, which is equivalent to the ratio 4:3). Similarly, the ratio of lemons to oranges is 6:8 (or 3:4) and the ...

  7. Fixed-point arithmetic - Wikipedia

    en.wikipedia.org/wiki/Fixed-point_arithmetic

    A fixed-point representation of a fractional number is essentially an integer that is to be implicitly multiplied by a fixed scaling factor. For example, the value 1.23 can be stored in a variable as the integer value 1230 with implicit scaling factor of 1/1000 (meaning that the last 3 decimal digits are implicitly assumed to be a decimal fraction), and the value 1 230 000 can be represented ...

  8. Pi - Wikipedia

    en.wikipedia.org/wiki/Pi

    But every number, including π, can be represented by an infinite series of nested fractions, called a continued fraction: = + + + + + + + + Truncating the continued fraction at any point yields a rational approximation for π ; the first four of these are 3 , ⁠ 22 / 7 ⁠ , ⁠ 333 / 106 ⁠ , and ⁠ 355 / 113 ⁠ .

  9. Repeating decimal - Wikipedia

    en.wikipedia.org/wiki/Repeating_decimal

    Every terminating decimal representation can be written as a decimal fraction, a fraction whose denominator is a power of 10 (e.g. 1.585 = ⁠ 1585 / 1000 ⁠); it may also be written as a ratio of the form ⁠ k / 2 n ·5 m ⁠ (e.g. 1.585 = ⁠ 317 / 2 3 ·5 2 ⁠).

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