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Maths Miscellaneous in Maths . 4 weeks ago
A calculation is a deliberate process that transforms one or more inputs into one or more results. The term is used in a variety of senses, from the very definite arithmetical calculation of using an algorithm, to the vague heuristics of calculating a strategy in a competition, or calculating the chance of a successful relationship between two people.
For example, multiplying 7 by 6 is a simple algorithmic calculation. Estimating the fair price for financial instruments using the Black–Scholes model is a more complex algorithmic calculation.
Statistical estimations of the likely election results from opinion polls also involve algorithmic calculations, but produces ranges of possibilities rather than exact answers.
To calculate means to determine mathematically in the case of a number or amount, or in the case of an abstract problem to deduce the answer using logic, reason or common sense. The English word derives from the Latin calculus, which originally meant a small stone in the gall-bladder (from Latin calx). It also meant a pebble used for calculating, or a small stone used as a counter in an abacus (Latin abacus, Greek abax). The abacus was an instrument used by Greeks and Romans for arithmetic calculations, preceding the slide-rule and the electronic calculator, and consisted of perforated pebbles sliding on iron bars.
Posted on 12 Dec 2024, this text provides information on Maths related to Miscellaneous in Maths. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.
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