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  2. Coin rotation paradox - Wikipedia

    en.wikipedia.org/wiki/Coin_rotation_paradox

    The outer coin makes two rotations rolling once around the inner coin. The path of a single point on the edge of the moving coin is a cardioid.. The coin rotation paradox is the counter-intuitive math problem that, when one coin is rolled around the rim of another coin of equal size, the moving coin completes not one but two full rotations after going all the way around the stationary coin ...

  3. Millennium Prize Problems - Wikipedia

    en.wikipedia.org/wiki/Millennium_Prize_Problems

    e. The Millennium Prize Problems are seven well-known complex mathematical problems selected by the Clay Mathematics Institute in 2000. The Clay Institute has pledged a US$ 1 million prize for the first correct solution to each problem. The Clay Mathematics Institute officially designated the title Millennium Problem for the seven unsolved ...

  4. Change-making problem - Wikipedia

    en.wikipedia.org/wiki/Change-making_problem

    Change-making problem. The change-making problem addresses the question of finding the minimum number of coins (of certain denominations) that add up to a given amount of money. It is a special case of the integer knapsack problem, and has applications wider than just currency. It is also the most common variation of the coin change problem, a ...

  5. Examples of Markov chains - Wikipedia

    en.wikipedia.org/wiki/Examples_of_Markov_chains

    A game of snakes and ladders or any other game whose moves are determined entirely by dice is a Markov chain, indeed, an absorbing Markov chain. This is in contrast to card games such as blackjack, where the cards represent a 'memory' of the past moves. To see the difference, consider the probability for a certain event in the game.

  6. Two envelopes problem - Wikipedia

    en.wikipedia.org/wiki/Two_envelopes_problem

    The problem concerns two envelopes, each containing an unknown amount of money. The two envelopes problem, also known as the exchange paradox, is a paradox in probability theory. It is of special interest in decision theory and for the Bayesian interpretation of probability theory. It is a variant of an older problem known as the necktie paradox .

  7. Fermi problem - Wikipedia

    en.wikipedia.org/wiki/Fermi_problem

    Fermi problem. In physics or engineering education, a Fermi problem (or Fermi quiz, Fermi question, Fermi estimate ), also known as a order-of-magnitude problem (or order-of-magnitude estimate, order estimation ), is an estimation problem designed to teach dimensional analysis or approximation of extreme scientific calculations.

  8. List of paradoxes - Wikipedia

    en.wikipedia.org/wiki/List_of_paradoxes

    Coin rotation paradox: a coin rotating along the edge of an identical coin will make a full revolution after traversing only half of the stationary coin's circumference. Gabriel's Horn : or Torricelli's trumpet : A simple object with finite volume but infinite surface area.

  9. Monte Carlo method - Wikipedia

    en.wikipedia.org/wiki/Monte_Carlo_method

    In general, the Monte Carlo methods are used in mathematics to solve various problems by generating suitable random numbers (see also Random number generation) and observing that fraction of the numbers that obeys some property or properties. The method is useful for obtaining numerical solutions to problems too complicated to solve analytically.

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