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  2. Middle gray - Wikipedia

    en.wikipedia.org/wiki/Middle_gray

    Middle gray. 50% CIELAB lightness. ( Y = 18.4%) In photography, painting, and other visual arts, middle gray or middle grey is a tone that is perceptually about halfway between black and white on a lightness scale; [1] in photography and printing, it is typically defined as 18% reflectance in visible light. [2] [3]

  3. Bayes' theorem - Wikipedia

    en.wikipedia.org/wiki/Bayes'_theorem

    Bayes' theorem is named after the Reverend Thomas Bayes ( / beɪz / ), also a statistician and philosopher. Bayes used conditional probability to provide an algorithm (his Proposition 9) that uses evidence to calculate limits on an unknown parameter. His work was published in 1763 as An Essay towards solving a Problem in the Doctrine of Chances.

  4. Off-price - Wikipedia

    en.wikipedia.org/wiki/Off-price

    The products were supplied to the basement with a discount tag, but in especially settled periods of time their price was lowered even further: after 12 days the price would be lowered by 25%, in 18 days – by 50%, in 24 days – by 75%, and finally, after the 30th day, the goods would be given away at no charge at all to charity.

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