Category: Mathmatics

The Power of Compounding Interest

In the world of economics, finance, and business, the concept of compounding interest is a fundamental pillar. Often referred to as the ‘eighth wonder of the world’, compounding interest has the potential to multiply wealth over time or, conversely, exacerbate debt. Understanding Compounding Compounding interest is the process where interest is added to the original […]

Pareto’s Law

Pareto’s Law, also known as the 80/20 rule, is a principle that states that roughly 80% of effects come from 20% of causes. In other words, a small number of factors are responsible for a large portion of the results we see. This concept can be applied to many different fields, from business to personal […]

Zipf’s Law

Zipf’s Law is a mathematical principle that describes the frequency of occurrence of words or other units in a large body of text. In this article, we’ll explain what Zipf’s Law is and how it works, and explore some of its implications for language and communication. Zipf’s Law is named after the linguist George Kingsley […]