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A formula that is accurate to within a few percent can be found by noting that for typical U.S. note rates (< % and terms =10–30 years), the monthly note rate is small compared to 1. r << 1 {\displaystyle r<<1} so that the ln ( 1 + r ) ≈ r {\displaystyle \ln(1+r)\approx r} which yields the simplification:
The figure illustrates the percentile rank computation and shows how the 0.5 × F term in the formula ensures that the percentile rank reflects a percentage of scores less than the specified score. For example, for the 10 scores shown in the figure, 60% of them are below a score of 4 (five less than 4 and half of the two equal to 4) and 95% are ...
A cumulative accuracy profile can be used to evaluate a model by comparing the current curve to both the 'perfect' and a randomized curve. A good model will have a CAP between the perfect and random curves; the closer a model is to the perfect CAP, the better it is. The accuracy ratio (AR) is defined as the ratio of the area between the model ...
The cumulative percent passing of the aggregate is found by subtracting the percent retained from 100%. %Cumulative Passing = 100% - %Cumulative Retained. The values are then plotted on a graph with cumulative percent passing on the y axis and logarithmic sieve size on the x axis.
Pareto chart. A Pareto chart is a type of chart that contains both bars and a line graph, where individual values are represented in descending order by bars, and the cumulative total is represented by the line. The chart is named for the Pareto principle, which, in turn, derives its name from Vilfredo Pareto, a noted Italian economist.
In probability and statistics, Student's t distribution (or simply the t distribution) is a continuous probability distribution that generalizes the standard normal distribution. Like the latter, it is symmetric around zero and bell-shaped. However, has heavier tails and the amount of probability mass in the tails is controlled by the parameter ...
It is a variant of MAPE in which the mean absolute percent errors is treated as a weighted arithmetic mean. Most commonly the absolute percent errors are weighted by the actuals (e.g. in case of sales forecasting, errors are weighted by sales volume).. Effectively, this overcomes the 'infinite error' issue. Its formula is:
Granulometry. In granulometry, the particle-size distribution ( PSD) of a powder, or granular material, or particles dispersed in fluid, is a list of values or a mathematical function that defines the relative amount, typically by mass, of particles present according to size. [1] Significant energy is usually required to disintegrate soil, etc ...