Search results
Results From The WOW.Com Content Network
Back-of-the-envelope calculation. A back-of-the-envelope calculation is a rough calculation, typically jotted down on any available scrap of paper such as an envelope. It is more than a guess but less than an accurate calculation or mathematical proof. The defining characteristic of back-of-the-envelope calculations is the use of simplified ...
Fermi problems are usually back-of-the-envelope calculations. The estimation technique is named after physicist Enrico Fermi as he was known for his ability to make good approximate calculations with little or no actual data. Fermi problems typically involve making justified guesses about quantities and their variance or lower and upper bounds.
Envelope (mathematics) Construction of the envelope of a family of curves. In geometry, an envelope of a planar family of curves is a curve that is tangent to each member of the family at some point, and these points of tangency together form the whole envelope. Classically, a point on the envelope can be thought of as the intersection of two ...
Simple back-of-the-envelope test takes the sample maximum and minimum and computes their z-score, or more properly t-statistic (number of sample standard deviations that a sample is above or below the sample mean), and compares it to the 68–95–99.7 rule: if one has a 3σ event (properly, a 3s event) and substantially fewer than 300 samples, or a 4s event and substantially fewer than 15,000 ...
The problem with this kind of back-of-the-envelope math is that Musk’s assumptions can be off by orders of magnitude. Musk predicts the market’s unit volume is much closer to smartphone demand ...
Envelope theorem. In mathematics and economics, the envelope theorem is a major result about the differentiability properties of the value function of a parameterized optimization problem. [1] As we change parameters of the objective, the envelope theorem shows that, in a certain sense, changes in the optimizer of the objective do not ...
The back-of-the-envelope math made sense: After playing like the NBA’s best offense for four months of the 2021-22 season but falling short in the playoffs due largely to an inability to protect ...
Sanity check. A sanity check or sanity test is a basic test to quickly evaluate whether a claim or the result of a calculation can possibly be true. It is a simple check to see if the produced material is rational (that the material's creator was thinking rationally, applying sanity). The point of a sanity test is to rule out certain classes of ...