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The watchdog, which has faced criticism over its slow response to the Libor rate-rigging scandal, introduced a beefed-up penalty regime in March 2010, whereby fines are worked out using a mathematical formula based on a company's market value, rather than the subjective assessment of FSA investigators.
80% of all lending transactions are conducted using the FICO Score(R), a mathematical formula based upon your payment history, to make credit decisions.
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Each national endowment would subsidise investigations on a strict mathematical formula based on the number of citizens who actually read their reports on news sites.
The key exchange is usually protected by the use of mathematical formulas based on the challenge of factoring large numbers.
The needs based resource allocation formula entails central Government allocating resources based on a mathematical formula that integrates need for health care.
Software based on a mathematical formula called wavelet maxima processes the data from those images to weed out irrelevant information.
Back then picking the right size TV was based on a mathematical formula calculated by how far away you would sit.
Cricket's current ranking system is extremely complex and includes rules such as this one: 'After every ODI, the two teams each receive a certain number of points, based on a mathematical formula.' Perhaps it is impossible for cricket, with its conventions and traditions, to have the kind of straightforward ranking system used in club football, but surely the sport can do better than this.
On the other hand, the work of bronze sculptors often is priced based on a mathematical formula -- three times the foundry cost -- for a substantial portion of their careers.
Based on their earlier research, Hicks and Smith constructed a mathematical formula that predicts the effect of objects of various masses and shapes hitting and then rebounding out of water at different velocities and angles.
The golden ratio is a mathematical formula of pleasing harmony.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com