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  1. PPP largely removes the exchange rate problem but not others; it does not reflect the value of economic output in international trade, and it also requires more estimation than GDP per capita. On the whole, PPP per capita figures are more narrowly spread than nominal GDP per capita figures.

  2. Determining gross domestic product (GDP) An infographic explaining how GDP is calculated in the UK. GDP can be determined in three ways, all of which should, theoretically, give the same result. They are the production (or output or value added) approach, the income approach, and the speculated expenditure approach.

  3. en.wikipedia.org › wiki › CalculusCalculus - Wikipedia

    Look up calculus in Wiktionary, the free dictionary. In mathematics education, calculus is an abbreviation of both infinitesimal calculus and integral calculus, which denotes courses of elementary mathematical analysis. In Latin, the word calculus means “small pebble”, (the diminutive of calx, meaning "stone"), a meaning which still ...

  4. Order of operations. In mathematics and computer programming, the order of operations is a collection of rules that reflect conventions about which operations to perform first in order to evaluate a given mathematical expression . These rules are formalized with a ranking of the operations. The rank of an operation is called its precedence, and ...

  5. en.wikipedia.org › wiki › VarianceVariance - Wikipedia

    Example of samples from two populations with the same mean but different variances. The red population has mean 100 and variance 100 (SD=10) while the blue population has mean 100 and variance 2500 (SD=50) where SD stands for Standard Deviation. In probability theory and statistics, variance is the expected value of the squared deviation from the mean of a random variable.

  6. en.wikipedia.org › wiki › MathematicsMathematics - Wikipedia

    Mathematics is an area of knowledge that includes the topics of numbers, formulas and related structures, shapes and the spaces in which they are contained, and quantities and their changes. These topics are represented in modern mathematics with the major subdisciplines of number theory, [1] algebra, [2] geometry, [1] and analysis, [3 ...

  7. In mathematics, the Fibonacci sequence is a sequence in which each number is the sum of the two preceding ones. Numbers that are part of the Fibonacci sequence are known as Fibonacci numbers, commonly denoted Fn . The sequence commonly starts from 0 and 1, although some authors start the sequence from 1 and 1 or sometimes (as did Fibonacci ...

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