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  2. Backward induction - Wikipedia

    en.wikipedia.org/wiki/Backward_induction

    Therefore, if they are still unemployed in the last period, they should accept whatever job they are offered at that time for greater income. At t = 9 {\displaystyle t=9} , the total earnings from accepting a 'good' job is 2 × $ 100 = $ 200 {\displaystyle 2\times \$100=\$200} because that job will last for two years.

  3. Estimated date of delivery - Wikipedia

    en.wikipedia.org/wiki/Estimated_date_of_delivery

    The estimated date of delivery (EDD), also known as expected date of confinement, [1] and estimated due date or simply due date, is a term describing the estimated delivery date for a pregnant woman. [2] Normal pregnancies last between 38 and 42 weeks. [3] Children are delivered on their expected due date about 4% of the time.

  4. Time value of money - Wikipedia

    en.wikipedia.org/wiki/Time_value_of_money

    Time value of money. The present value of $1,000, 100 years into the future. Curves represent constant discount rates of 2%, 3%, 5%, and 7%. The time value of money refers to the fact that there is normally a greater benefit to receiving a sum of money now rather than an identical sum later. It may be seen as an implication of the later ...

  5. Moore's law - Wikipedia

    en.wikipedia.org/wiki/Moore's_law

    The doubling period is often misquoted as 18 months because of a separate prediction by Moore's colleague, Intel executive David House. [27] In 1975, House noted that Moore's revised law of doubling transistor count every 2 years in turn implied that computer chip performance would roughly double every 18 months [ 28 ] (with no increase in ...

  6. Mean reversion (finance) - Wikipedia

    en.wikipedia.org/wiki/Mean_reversion_(finance)

    Mean reversion (finance) Mean reversion is a financial term for the assumption that an asset's price will tend to converge to the average price over time. [1][2] Using mean reversion as a timing strategy involves both the identification of the trading range for a security and the computation of the average price using quantitative methods.

  7. Exponential smoothing - Wikipedia

    en.wikipedia.org/wiki/Exponential_smoothing

    Exponential smoothing. Exponential smoothing or exponential moving average (EMA) is a rule of thumb technique for smoothing time series data using the exponential window function. Whereas in the simple moving average the past observations are weighted equally, exponential functions are used to assign exponentially decreasing weights over time.

  8. Chain-ladder method - Wikipedia

    en.wikipedia.org/wiki/Chain-ladder_method

    The chain-ladder or development[1] method is a prominent [2][3] actuarial loss reserving technique. The chain-ladder method is used in both the property and casualty [1][4] and health insurance [5] fields. Its intent is to estimate incurred but not reported claims and project ultimate loss amounts. [5] The primary underlying assumption of the ...

  9. Modified due-date scheduling heuristic - Wikipedia

    en.wikipedia.org/wiki/Modified_due-date...

    The modified due date scheduling is a scheduling heuristic created in 1982 by Baker and Bertrand, [1] used to solve the NP-hard single machine total-weighted tardiness problem. This problem is centered around reducing the global tardiness of a list of tasks which are characterized by their processing time, due date and weight by re-ordering them.

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