Binary option meaning 2



Part of the Mathematics glossary:


Binary describes a numbering scheme in which there are only two possible values for each digit: 0 and 1. The term also refers to any digital encoding/decoding system in which there are exactly two possible states. In digital data memory, storage, processing, and communications, the 0 and 1 values are sometimes called "low" and "high," respectively.


Related Terms


Definitions


- Extrapolation is an estimation of a value based on extending a known sequence of values or facts beyond the area that is certainly known. (WhatIs )


- A negative correlation is a relationship between two variables such that as the value of one variable increases, the other decreases. Correlation is expressed on a range from +1 to -1, known as th. (WhatIs )


- An Euler diagram (pronounced OY-ler diagram) is a graphic depiction commonly used to illustrate the relationships between sets or groups; the diagrams are usually drawn with circles or ovals, altho. (WhatIs )


Glossaries


- Terms related to mathematics, including definitions about logic, algorithms and computations and mathematical terms used in computer science and business.


- This WhatIs glossary contains terms related to Internet applications, including definitions about Software as a Service (SaaS) delivery models and words and phrases about web sites, e-commerce.