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Parities
Parity may refer to: Computing * Parity bit in computing, sets the parity of data for the purpose of error detection * Parity flag in computing, indicates if the number of set bits is odd or even in the binary representation of the result of the last operation * Parity file in data processing, created in conjunction with data files and used to check data integrity and assist in data recovery Mathematics * Parity (mathematics), indicates whether a number is even or odd ** Parity of a permutation, indicates whether a permutation has an even or odd number of inversions ** Parity function, a Boolean function whose value is 1 if the input vector has an odd number of ones ** Parity learning, a problem in machine learning ** Parity of even and odd functions Other uses * Parity (physics), a symmetry property of physical quantities or processes under spatial inversion * Parity (biology), the number of times a female has given birth; gravidity and parity represent pregnancy and viability, r ...
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Purchasing Power Parity
Purchasing power parity (PPP) is a measure of the price of specific goods in different countries and is used to compare the absolute purchasing power of the countries' currency, currencies. PPP is effectively the ratio of the price of a market basket at one location divided by the price of the basket of goods at a different location. The PPP inflation and exchange rate may differ from the Exchange rate, market exchange rate because of tariffs, and other transaction costs. The purchasing power parity indicator can be used to compare economies regarding their gross domestic product (GDP), labour productivity and actual individual consumption, and in some cases to analyse price convergence and to compare the cost of living between places. The calculation of the PPP, according to the OECD, is made through a ''basket of goods'' that contains a "final product list [that] covers around 3,000 consumer goods and services, 30 occupations in government, 200 types of equipment goods and about ...
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