Statistical mechanicsIn physics, statistical mechanics is a mathematical framework that applies statistical methods and probability theory to large assemblies of microscopic entities. It does not assume or postulate any natural laws, but explains the macroscopic behavior of nature from the behavior of such ensembles. Sometimes called statistical physics or statistical thermodynamics, its applications include many problems in the fields of physics, biology, chemistry, and neuroscience.
InterestIn finance and economics, interest is payment from a borrower or deposit-taking financial institution to a lender or depositor of an amount above repayment of the principal sum (that is, the amount borrowed), at a particular rate. It is distinct from a fee which the borrower may pay to the lender or some third party. It is also distinct from dividend which is paid by a company to its shareholders (owners) from its profit or reserve, but not at a particular rate decided beforehand, rather on a pro rata basis as a share in the reward gained by risk taking entrepreneurs when the revenue earned exceeds the total costs.
InductivismInductivism is the traditional and still commonplace philosophy of scientific method to develop scientific theories. Inductivism aims to neutrally observe a domain, infer laws from examined cases—hence, inductive reasoning—and thus objectively discover the sole naturally true theory of the observed. Inductivism's basis is, in sum, "the idea that theories can be derived from, or established on the basis of, facts".
Electric bicycleAn electric bicycle (e-bike, eBike, etc.) is a motorized bicycle with an integrated electric motor used to assist propulsion. Many kinds of e-bikes are available worldwide, but they generally fall into two broad categories: bikes that assist the rider's pedal-power (i.e. pedelecs) and bikes that add a throttle, integrating moped-style functionality. Both retain the ability to be pedaled by the rider and are therefore not electric motorcycles. E-bikes use rechargeable batteries and typically are motor-powered up to .
Ofo (company)Ofo (ˈoʊfoʊ), stylised as ofo, was a Beijing-based bicycle sharing company founded in 2014. It used a dockless system with a smartphone app to unlock and locate nearby bicycles, charging an hourly rate for use. In 2017, it had deployed over 10 million bicycles in 250 cities and 20 countries. The company was valued at up to US$2 billion and had over 62.7 million monthly active users. In 2018, Ofo announced massive reduction in operations, including withdrawing from most US cities and from several entire countries.
