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  2. Quartile - Wikipedia

    en.wikipedia.org/wiki/Quartile

    The first quartile (Q 1) is defined as the 25th percentile where lowest 25% data is below this point. It is also known as the lower quartile. The second quartile (Q 2) is the median of a data set; thus 50% of the data lies below this point. The third quartile (Q 3) is the 75th percentile where

  3. Fraction - Wikipedia

    en.wikipedia.org/wiki/Fraction

    Unit fractions can also be expressed using negative exponents, as in 2 −1, which represents 1/2, and 22, which represents 1/(2 2) or 1/4. A dyadic fraction is a common fraction in which the denominator is a power of two , e.g. ⁠ 1 / 8 ⁠ = ⁠ 1 / 2 3 ⁠ .

  4. Odds - Wikipedia

    en.wikipedia.org/wiki/Odds

    A study on soccer betting found that the probability for the home team to win was generally about 3.4% less than the value calculated from the odds (for example, 46.6% for even odds). It was about 3.7% less for wins by the visitors, and 5.7% less for draws. [14] To understand roulette probabilities and calculate them, you need to know the formula.

  5. Guess 2/3 of the average - Wikipedia

    en.wikipedia.org/wiki/Guess_2/3_of_the_average

    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.

  6. Percentile - Wikipedia

    en.wikipedia.org/wiki/Percentile

    In statistics, a k-th percentile, also known as percentile score or centile, is a score (e.g., a data point) below which a given percentage k of arranged scores in its frequency distribution falls ("exclusive" definition) or a score at or below which a given percentage falls ("inclusive" definition); i.e. a score in the k-th percentile would be above approximately k% of all scores in its set.

  7. Percentage - Wikipedia

    en.wikipedia.org/wiki/Percentage

    An increase of $0.15 on a price of $2.50 is an increase by a fraction of ⁠ 0.15 / 2.50 ⁠ = 0.06. Expressed as a percentage, this is a 6% increase. While many percentage values are between 0 and 100, there is no mathematical restriction and percentages may take on other values. [4]

  8. What the '2 percent' actually means in 2 percent milk — and ...

    www.aol.com/article/lifestyle/2017/10/30/what...

    So whole milk isn't much fattier than 2%. In fact, a gallon of 2% has more than half the fat as a gallon of whole milk. The FDA requires whole milk to have at least 3.25$ fat by weight. But the ...

  9. Median - Wikipedia

    en.wikipedia.org/wiki/Median

    If, say, 22% of the observations are of value 2 or below and 55.0% are of 3 or below (so 33% have the value 3), then the median is 3 since the median is the smallest value of for which () is greater than a half. But the interpolated median is somewhere between 2.50 and 3.50.