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In electrical engineering, the maximum power transfer theorem states that, to obtain maximum external power from a power source with internal resistance, the resistance of the load must equal the resistance of the source as viewed from its output terminals. Moritz von Jacobi published the maximum power (transfer) theorem around 1840; it is also ...
The discount rate was cut by 50 bp—to 5.75% from 6.25%—and the term of loans was extended from overnight to up to thirty days. That reduced the spread of the primary credit rate over the federal funds rate from 100 basis points to 50 basis points.
With M = 365 days in a year, the average number of people required to find a pair with the same birthday is n = 1 + Q(M) ≈ 24.61659, somewhat more than 23, the number required for a 50% chance. In the best case, two people will suffice; at worst, the maximum possible number of M + 1 = 366 people is needed; but on average, only 25 people are ...