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In finance, a day count convention determines how interest accrues over time for a variety of investments, including bonds, notes, loans, mortgages, medium-term notes, swaps, and forward rate agreements (FRAs). This determines the number of days between two coupon payments, thus calculating the amount transferred on payment dates and also the ...
The European Credit Transfer and Accumulation System ( ECTS) is a standard means for comparing academic credits, i.e., the "volume of learning based on the defined learning outcomes and their associated workload" for higher education across the European Union and other collaborating European countries. [ 1] For successfully completed studies ...
An R 2 of 1 indicates that the regression predictions perfectly fit the data. Values of R 2 outside the range 0 to 1 occur when the model fits the data worse than the worst possible least-squares predictor (equivalent to a horizontal hyperplane at a height equal to the mean of the observed data). This occurs when a wrong model was chosen, or ...
The nautical mile (nmi) was originally defined as the arc length of a minute of latitude on a spherical Earth, so the actual Earth circumference is very near 21 600 nmi. A minute of arc is π 10 800 of a radian . A second of arc, arcsecond (arcsec), or arc second, denoted by the symbol ″, [ 2] is 1 60 of an arcminute, 1 3600 ...
A unit fraction is a common fraction with a numerator of 1 (e.g., 1 / 7 ). Unit fractions can also be expressed using negative exponents, as in 2 −1, which represents 1/2, and 2 −2, 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 .
The modern 24-hour clock is the convention of timekeeping in which the day runs from midnight to midnight and is divided into 24 hours. This is indicated by the hours (and minutes) passed since midnight, from 00 (:00) to 23 (:59), with 24 (:00) as an option to indicate the end of the day. This system, as opposed to the 12-hour clock, is the ...
Square number. Square number 16 as sum of gnomons. In mathematics, a square number or perfect square is an integer that is the square of an integer; [ 1] in other words, it is the product of some integer with itself. For example, 9 is a square number, since it equals 32 and can be written as 3 × 3 .
The British thermal unit ( Btu) is a measure of heat, which is a form of energy. It was originally defined as the amount of heat required to raise the temperature of one pound of water by one degree Fahrenheit. It is also part of the United States customary units. [ 1] The SI unit for energy is the joule (J); one Btu equals about 1,055 J ...