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Thursday, May 26, 2016

One Billion ~ What does Billion actually mean?

---------- Forwarded message ----------
Date: Thu, May 26, 2016 at 11:16 AM
Subject: One Billion ~ What does Billion actually mean?
~ The 26 Billion Dollar Mistake on the 26 of May 2016

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Thursday, May 26, 2016

The Billion Dollar Question.
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Question:

One Billion
~ What does Billion actually mean?

Internet Answer:

The number equivalent to the product of a thousand and a million; 1,000,000,000 or 109.
example... "a world population of nearly 5 billion".

So basically...
I Billion
= 1,000 million
= 1,000,000,000

This method used is currently popular and is known as the Short Scale.

Another method used is called the Long Scale which is not popular probably because it is impossible, very remote & non-realistic in most cases & usage.
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This is what started this question once again!
The 26 Billion Dollar Mistake on the 26 of May 2016

[10:04 am, 26 May 2016]Apple Lamb:
... sent news article (see attached)
with the 26 Billion Dollar Mistake in reporting
(
RM2.6 billion (S$875,000)).


Fish:
Oiy! The figures correct or not?

Apple Lamb:
of course not lah
editor sleeping lor

Fish:
😂
... wishful thinking... probably.
I think should be something like this...
RM2.6 billion = S$875,000,000
... base on rate from internet... 
... so the editor missed 3 big important zeros.
... BUT in an exam... he or she will get ONE BIG ZERO!😂

Jackfruit Cup:
Maybe typo... Million not billion

Apple Lamb:
billion is correct⁠⁠⁠⁠
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The 26 Billion Mistake in reporting
http://mypaper.sg/top-stories/kl-have-donation-law-place-2018-election-20160526

May 26, 2016
KL to have donation law in place before 2018 election
KUALA LUMPUR

WHEN Malaysia holds its next general election in 2018, a law should be in place requiring political parties to disclose all funding from foreign sources and local interest groups so as to prevent electoral meddling, said the minister tasked with fostering political integrity in the country.

The announcement came as questions persist over the origin of the RM2.6 billion (S$875,000) found to have been deposited into Prime Minister Najib Razak's personal account before the 2013 general election.

Paul Low, chairman of the National Consultative Committee on Political Financing - formed in August by Mr Najib following uproar over the deposit - yesterday updated the media on the planned political donation act.

Speaking at the Malaysian Institute of Integrity in Kuala Lumpur, he said the last meeting to iron out details will be held in July before the draft is submitted to the Cabinet, reported Berita Harian.

"Once the law is adopted in 2018, all political parties must disclose information about their donors, the amounts they receive and how would the money be spent," Mr Low added.

"This is to help restore the trust that had been eroded between political leaders and the people," Mr Low, who is also minister in the PM Department in charge of governance, integrity and human rights, pointed out.

According to him, any money coming from outside the country, even if owned by a Malaysian, must be scrutinised.

The law would also target political financing from government-linked companies, the Sun Daily quoted him as saying.

Mr Low suggested the Election Commission play the supervisory authority, taking over from the Registrar of Society, which is over-burdened

Mr Najib was cleared in January of corruption by the Attorney-General over the RM2.6 billion donation.

AGENCY
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To read...

Long and short scales

The long and short scales are two of several large-number naming systems for integer powers of ten, that use the same words with different meanings:
Long scale
Every new term greater than million is one million times larger than the previous term. Thus, billion means a million millions (1012), trillion means a million billions (1018), and so on.[1][2]
Short scale
Every new term greater than million is one thousand times larger than the previous term. Thus, billion means a thousand millions (109), trillion means a thousand billions (1012), and so on.[1][2]
For integers less than a thousand million (< 109) the two scales are identical. From a thousand million up (≥ 109) the two scales diverge, using the same words for different numbers; this can cause misunderstanding.
Read on...
https://en.wikipedia.org/wiki/Long_and_short_scales
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How many is a billion?
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https://en.wikipedia.org/wiki/Billion

Billion

From Wikipedia, the free encyclopedia
For other uses, see Billion (disambiguation).
billion is a large number with two distinct definitions:
  • 1,000,000,000, i.e. one thousand million, or 109 (ten to the ninth power), as defined on the short scale. This is now generally the meaning in both British and American English.[1][2]
  • 1,000,000,000,000, i.e. one million million, or 1012 (ten to the twelfth power), as defined on the long scale. This is one thousand times larger than the short scale billion, and equivalent to the short scale trillion.
American English always uses the short scale definition but British English has employed both versions. Historically, the United Kingdom used the long scale billion but since 1974 official UK statistics have used the short scale. Since the 1950s the short scale has been increasingly used in technical writing and journalism, although the long scale definition still enjoys common usage.[3]
Other countries use the word billion (or words cognate to it) to denote either the long scale or short scale billion. For details, see Long and short scales – Current usage.
Another word for one thousand million is milliard, but this is used much less often in English than billion. Some languages, such as French or German, use milliard (or a related word) for the short scale billion, and billion (or a related word) for the long scale billion. Thus the French or German billion is a thousand times larger than the modern English billion.

History

According to the Oxford English Dictionary, the word billion was formed in the 16th century (from million and the prefix bi-, "two"), meaning the second power of a million (1012). This long scale definition was similarly applied to trillionquadrillion and so on. The words were originally French, and entered English around the end of the 17th century. Later, French arithmeticians changed the words' meanings, adopting the short scale definition whereby three zeros rather than six were added at each step, so a billion came to denote a thousand million (109), a trillion 1012, and so on. This new convention was adopted in the United States in the 19th century, but Britain retained the original long scale use. France, in turn, reverted to the long scale in 1948.[4]
In Britain, however, under the influence of American usage, the short scale came to be increasingly used. In 1974, Prime Minister Harold Wilson confirmed that the government would use the word billion only in its short scale meaning (one thousand million). In a written answer to Robin Maxwell-Hyslop MP, who asked whether official usage would conform to the traditional British meaning of a million million, Wilson stated: "No. The word 'billion' is now used internationally to mean 1,000 million and it would be confusing if British Ministers were to use it in any other sense. I accept that it could still be interpreted in this country as 1 million million and I shall ask my colleagues to ensure that, if they do use it, there should be no ambiguity as to its meaning."[3]

See also

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---------- Forwarded message ----------
Date: Mon, Sep 14, 2015 at 7:41 PM

---------- Forwarded message ----------
Date: Mon, Sep 14, 2015 at 7:31 PM

Sample of my potential movement to stop Chain Messages.
Also, describes briefly what 1 Billion actually mean.

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Warning! Potential Chain Email Message!

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Hello Friends,

One Billion Educational Chain Message Warning!
Today, with the click of a button, a message can be forwarded to hundreds of people at no apparent cost to the sender. If each of these "Good Samaritans" send the message to only ten other people (and most send to huge mailing lists), the ninth re-sending results in a billion messages, thereby, clogging the network and interfering with the receiving of legitimate e-mail messages. Factor in the time lost reading and deleting all these messages and you see a real cost to organizations and individuals from these seemingly innocuous messages.

How do you recognize a chain letter?
They all have a similar pattern. They all expect you to re-send the message, either by threat or by guilt, e.g. Will you e-mail this message to all on your mailing list, and ask them to pass it along to all on theirs?

Sample of Chain Message Propagation:
100 x 10 = 1,000
1st re-send = 1,000 x 10 = 10,000
2nd re-send = 10,000 x 10 = 100,000
3rd re-send = 100,000 x 10 = 1 million
4th re-send = 1,000,000 x 10 = 10 mil
5th re-send = 10,000,000 x 10 = 100 mil
6th re-send = 100,000,000 x 10 = 1,000 mil
1000,000,000 = 1 billion (short-scale)
7th re-send = 1,000,000,000 x 10 = 10,000 mil
8th re-send = 10,000,000,000 x 10 = 100,000 mil
9th re-send = 100,000,000,000 x 10 = 1,000,000 mil
1,000,000,000,000 = 1 billion (long-scale)
... and this list... goes on... and on... and on... and on...
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