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Supermajority. A supermajority is a requirement for a proposal to gain a specified level of support which is greater than the threshold of one-half used for a simple majority. Supermajority rules in a democracy can help to prevent a majority from eroding fundamental rights of a minority, but can also hamper efforts to respond to problems and ...
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 ...
In probability theory, odds provide a measure of the probability of a particular outcome. Odds are commonly used in gambling and statistics. For example for an event that is 40% probable, one could say that the odds are "2 in 5", "2 to 3 in favor", or "3 to 2 against". When gambling, odds are often given as the ratio of the possible net profit ...
In mathematics, a percentage (from Latin per centum 'by a hundred') is a number or ratio expressed as a fraction of 100. It is often denoted using the percent sign (%), [ 1] although the abbreviations pct., pct, and sometimes pc are also used. [ 2] A percentage is a dimensionless number (pure number), primarily used for expressing proportions ...
Each standard deviation represents a fixed percentile. Thus, rounding to two decimal places, −3σ is the 0.13th percentile, −2σ the 2.28th percentile, −1σ the 15.87th percentile, 0σ the 50th percentile (both the mean and median of the distribution), +1σ the 84.13th percentile, +2σ the 97.72nd percentile, and +3σ the 99
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 .
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 ).
This fraction may be derived by subtracting 1 from the reciprocal of the chances of winning; for any odds longer than "even money," this fraction will be an improper one. [3] [4] Odds of 4:1 ("four-to-one" or less commonly "four-to-one against ") would imply that the bettor stands to make a £400 profit on a £100 stake.