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What does the word rate refer to?
(Entry 1 of 3) 1a : a quantity, amount, or degree of something measured per unit of something else her typing rate was 80 words per minute. b : an amount of payment or charge based on another amount specifically : the amount of premium per unit of insurance.
What does rate refer to in science?
reaction rate, in chemistry, the speed at which a chemical reaction proceeds. It is often expressed in terms of either the concentration (amount per unit volume) of a product that is formed in a unit of time or the concentration of a reactant that is consumed in a unit of time.
How do you explain rates?
A rate is a special ratio in which the two terms are in different units. For example, if a 12-ounce can of corn costs 69¢, the rate is 69¢ for 12 ounces. This is not a ratio of two like units, such as shirts. This is a ratio of two unlike units: cents and ounces.
What is the meaning of rate in statistics?
OECD Statistics. Definition: A rate refers to the occurrence of events over a specific interval in time. Similarly, a rate refers to the measure of the frequency of some phenomenon of interest.
What is rate in simple terms?
The definition of a rate is a quantity measured and compared to another quantity measured (such as a number of miles per hour) or is the cost of something. An example of a rate is being paid $10 per hour. Rate is defined as to judge or estimate the value of something.
What do you call a rate?
In mathematics, a rate is the ratio between two related quantities in different units. In describing the units of a rate, the word “per” is used to separate the units of the two measurements used to calculate the rate (for example a heart rate is expressed “beats per minute”).
What does rate of mean in physics?
1. 3. In physics, rate means rate of change. Basically, how much a certain quantity changes with respect to another quantity that is also changing. You may also sometimes hear the term gradient which describes the same thing.
What does rate of change mean in physics?
A rate of change is a rate that describes how one quantity changes in relation to another quantity.
What is rate and its example?
The definition of a rate is a quantity measured and compared to another quantity measured (such as a number of miles per hour) or is the cost of something. An example of a rate is being paid $10 per hour. An example of a rate is the price of gas. A rate of speed of 60 miles an hour.
Where can you use rate?
A rate is a ratio that compares quantities in different units. Rates are commonly found in everyday life. The prices in grocery stores and department stores are rates. Rates are also used in pricing gasoline, tickets to a movie or sporting event, in paying hourly wages and monthly fees.
What is the best definition of rate?
The definition of a rate is a quantity measured and compared to another quantity measured (such as a number of miles per hour) or is the cost of something. An example of a rate is being paid $10 per hour. An example of a rate is the price of gas. noun.
What does rate mean in business?
business rates [ plural ] TAX. an amount of money that businesses are charged as tax for local services: Central London retailers plan to demand reductions in their business rates.
Rate(noun) ratification; approval. Rate(noun) the gain or loss of a timepiece in a unit of time; as, daily rate; hourly rate; etc. Rate(noun) the order or class to which a war vessel belongs, determined according to its size, armament, etc.; as, first rate, second rate, etc.
What is an example of rate in math?
The definition of a rate is a quantity measured and compared to another quantity measured (such as a number of miles per hour) or is the cost of something. An example of a rate is being paid $10 per hour.
What is the definition of rate in math terms?
In mathematics, a rate is the ratio between two related quantities in different units.
Which rate is an unit rate?
A rate that has a denominator of 1 1 unit is referred to as a unit rate. A unit rate is a rate with denominator of 1 1 unit. Unit rates are very common in our lives. For example, when we say that we are driving at a speed of 68 68 miles per hour we mean that we travel 68 68 miles in 1 1 hour.