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  2. Efficiency - Wikipedia

    en.wikipedia.org/wiki/Efficiency

    Efficiency is very often confused with effectiveness. In general, efficiency is a measurable concept, quantitatively determined by the ratio of useful output to total useful input. Effectiveness is the simpler concept of being able to achieve a desired result, which can be expressed quantitatively but does not usually require more complicated ...

  3. Efficiency (statistics) - Wikipedia

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

    For example, if a distribution is a combination of 98% N(μ, σ) and 2% N(μ, 10σ), the presence of extreme values from the latter distribution (often "contaminating outliers") significantly reduces the efficiency of the sample mean as an estimator of μ.

  4. Optimal experimental design - Wikipedia

    en.wikipedia.org/wiki/Optimal_experimental_design

    Designs can be optimized when the design-space is constrained, for example, when the mathematical process-space contains factor-settings that are practically infeasible (e.g. due to safety concerns). Minimizing the variance of estimators

  5. Mathematical optimization - Wikipedia

    en.wikipedia.org/wiki/Mathematical_optimization

    Asset prices are also modeled using optimization theory, though the underlying mathematics relies on optimizing stochastic processes rather than on static optimization. International trade theory also uses optimization to explain trade patterns between nations. The optimization of portfolios is an example of multi-objective optimization in ...

  6. Glossary of mathematical jargon - Wikipedia

    en.wikipedia.org/wiki/Glossary_of_mathematical...

    The same term can also be used more informally to refer to something "standard" or "classic". For example, one might say that Euclid's proof is the "canonical proof" of the infinitude of primes. There are two canonical proofs that are always used to show non-mathematicians what a mathematical proof is like:

  7. Numerical analysis - Wikipedia

    en.wikipedia.org/wiki/Numerical_analysis

    The field of numerical analysis predates the invention of modern computers by many centuries. Linear interpolation was already in use more than 2000 years ago. Many great mathematicians of the past were preoccupied by numerical analysis, [5] as is obvious from the names of important algorithms like Newton's method, Lagrange interpolation polynomial, Gaussian elimination, or Euler's method.

  8. AOL reviewed: Storyworth is the perfect gift for someone who ...

    www.aol.com/lifestyle/storyworth-review...

    What I liked about Storyworth. There’s a lot to like about Storyworth, assuming you either choose to answer the questions yourself or choose to pepper a willing participant.

  9. Energy conversion efficiency - Wikipedia

    en.wikipedia.org/wiki/Energy_conversion_efficiency

    Energy conversion efficiency depends on the usefulness of the output. All or part of the heat produced from burning a fuel may become rejected waste heat if, for example, work is the desired output from a thermodynamic cycle. Energy converter is an example of an energy transformation.