The important issue is what conventions are used for time and rate.
About 25 years ago I tried to get information on this from Canadian
banks. Some were cooperative. As I recall, the three that responded used
three DIFFERENT rules. This was for weekly payment mortgages.
In Canada, there is a
Well, the OASIS formula has a big problem with situations like the
following:
data set is: 1,1,1. So the list contains 4 values of 1. So, the median
is the middle value, BUT there is really just one value repeated 3 times.
Or consider the following list: 1, 2, 2, 2, 3, 4. So the calculation of
On 10/02/2007 10:10 AM, Leonard Mada wrote:
Well, the OASIS formula has a big problem with situations like the
following:
data set is: 1,1,1. So the list contains 4 values of 1.
Looks like 3 to me, not 4. One of us has a big problem with the counting
algorithm :-)
So, the median
is the
The finding on the k-largest element in an unordered sequence of n elements is
a linear-time and (if memory serves) constant-space problem in terms of n.
See Knuth for details.
The trouble with the algorithm is that it is rather complicated. More
code means
more chances of bugs. Unless you are
