Concept

e, the number

The number whose exponential curve has slope equal to its own height everywhere, near enough 2.71828. It is the base at which the exponential is its own derivative, and it is the limit of compounding a hundred per cent interest ever more often.

Named by 18 essays across 5 fields — each of them below, with the objects they name alongside it.

eˣ and its tangent lines. The exponential curve with tangent lines at several points; at each point the slope equals the height.

The curve that is its own slope

There is exactly one shape of exponential curve whose steepness at every point equals its height at that point. The number that produces it is 2.71828…, and it was not chosen for elegance.

analysis · The exponential
All 24 arrangements of 4 objects, and the 9 that move every one. Every permutation of 4 objects drawn as a grid of cells, with the diagonal — where an object stays where it began — shaded, and the arrangements that avoid it entirely marked.

Nobody gets their own hat

Hand back a pile of hats at random and ask for the chance that not one person gets their own. The answer barely moves as the crowd grows — it is a third and a bit at four people, and a third and a bit at four thousand.

probability · Inclusion exclusion
5,040 orders, 7 thresholds, one best rule. For each number of candidates passed over, the share of the 5,040 possible arrival orders in which the rule ends up with the best of the 7. The count is exhaustive.

When to stop looking

Candidates arrive one at a time in a random order. Each must be accepted or rejected on the spot, with no going back and no way to know what is still to come. The best possible rule is to look at about a third of them and then take the first one that beats everything seen — and it works about a third of the time, however many there are.

probability · Optimal stopping
The area that names the number. The curve 1/x with the area under it from 1 to 2.7183 shaded, measuring 1.0000.

The area that names the number

The number e can be defined without mentioning slopes at all. Slide right along the curve 1/x until the area underneath reaches exactly one, and stop. That is where e is, and the reason logarithms turn multiplication into addition is visible in the same picture.

analysis · The exponential
The slopes the equation demands, and the curves that obey them. A field of short segments whose slope at each point is 0.9 times the height there, with 3 solution curves integrated through it; each doubles over an interval of 0.770 wherever that interval is taken.

The equation with only one answer

A rate of change proportional to the current amount is the most common description in nature, and it pins down the function completely. There is exactly one curve through each starting point, and a half-life and a doubling time are the same measurement.

analysis · The exponential
The flow of a linear equation, and the matrix that runs it for one unit of time. Paths of points moving so that their velocity is [0.25, −1.2, 1.2, 0.25] applied to their position, with the position after time 1 marked on each; the matrix taking start to finish is e^A.

The exponential of a square

The series for e makes perfect sense with a matrix in it. What comes out solves a system of equations the way the ordinary exponential solves one, and a skew matrix exponentiates into a rotation with no trigonometry anywhere.

analysis · The exponential
The share of arrangements that fix nothing, up to 8 objects. A bar per number of objects, giving the proportion of its arrangements that leave nothing in place, against the horizontal line at 1/e.

The constant that counts what does not happen

Nothing grows in a shuffled pack of cards, and nothing grows in a factorial. Yet e sits in the middle of both — as the chance that a shuffle leaves nothing in place, and as the base that makes n! nearly a power.

analysis · The exponential
58.6% at 46 candidates, against 37% without the values. The chance of ending with the best candidate when the values are shown, against the number of candidates, for 10 sizes. It falls towards 0.5802 rather than towards 1/e.

When the numbers are shown

The secretary rule wins a third of the time and cannot do better, because it is told only who is ahead. Show the actual values and say where they came from, and the same problem is won three times in five — by a standard that falls as the end approaches.

probability · Optimal stopping
Up to 4 choices among 60, and the thresholds that nest. For 60 candidates in random order and 1, 2, 3, 4 acceptances, the chance of ending with the best among those accepted — 37.3%, 60.0%, 74.3%, 83.5% — and where along the sequence the rule starts accepting for each number of choices in hand.

The thresholds that nest

Allow a second acceptance in the secretary problem and the chance of holding the best rises from about 37 per cent to about 59. The best rule is still a threshold — but one threshold for each number of choices still in hand, the earlier ones starting sooner, and each additional choice buying less than the one before.

probability · Optimal stopping
Add the odds from the end: start at event 5 of 12. The odds of 12 independent events with chances 1/k — the secretary problem, the sum of the odds from the end reaching one at event 5, and the chance of stopping on the last success from each starting point, highest at 39.6%.

Add the odds from the end

Watch a sequence of independent events and try to stop exactly on the last one that happens. Add up the odds of the events from the end backwards until the total reaches one, and stop at the first success from there. That rule is the best possible for any probabilities whatever, and the secretary problem is the special case in which the chances are one over the position.

probability · Optimal stopping
How many of 8 people get their own hat, against the Poisson with mean 1. Paired bars for each number of people getting their own hat: the exact share of arrangements and the Poisson probability with mean one, nearly equal at every count.

How many get their own hat

The chance that nobody gets their own hat settles on 1/e. The chance that exactly one person does settles on 1/e too, exactly two on 1/(2e), exactly three on 1/(6e) — the Poisson distribution with mean 1. The reason is a set of averages that come out exactly 1 at every size, and the counts reach the limit so fast that eight hats are within six ten-thousandths of it.

probability · Inclusion exclusion
A quadratic in the exponent, completed. Two panels sharing an x-axis. Above, the parabola −x² + 2x with its top at x = 1 marked. Below, e raised to that parabola: a bell centred at the same x = 1, with peak height e^1, beside the faint unmoved bell e^(−x²).

One number under every bell

The area under e^(−x²) has no formula in terms of the usual functions, and yet the area under e raised to any downward quadratic is known exactly. Completing the square in the exponent moves and squeezes every such curve into the same one, so a single number — √π — pays for all of them.

algebra · Completing the square
The tangent built from a continued fraction. The curve tan x on (−1.55, 1.55) with 4 of Lambert's convergents: a straight line, then rational curves that bend ever closer to the tangent and follow it towards its poles.

The fraction Lambert built for the tangent

The first proof that π is not a fraction, from 1761, does not look at π at all. It writes the tangent as an endless continued fraction, shows that the fraction's value at any rational point other than zero cannot be rational — because its tails are trapped between nothing and one — and then notes that tan(π/4) = 1.

number · Irrationality
The continued fraction of e. Bars for the first 30 continued-fraction terms of e: mostly ones, with every third bar rising in a straight staircase, 2, 1, 2, 1, 1, 4, 1, 1, 6, ….

The pattern in e's continued fraction

Written as a continued fraction, e is 2; 1, 2, 1, 1, 4, 1, 1, 6, 1, 1, 8 — two ones, then the next even number, for ever. Euler found the pattern and proved it with a differential equation. A proof from 2006 needs only three integrals, each of which turns out to be exactly the error of one of e's own convergents.

number · Irrationality
Permutations that avoid 8 forbidden cells. A 5 by 5 grid with 8 forbidden cells shaded and one permutation that avoids them marked, beside the numbers of ways to place non-attacking rooks on the forbidden cells and the count of avoiding permutations they give.

The cells a permutation must miss

A derangement is a permutation that misses the diagonal of a square grid. Forbid any other set of cells instead and inclusion–exclusion still counts what is left — driven entirely by one list of numbers, the ways to place non-attacking rooks on the forbidden cells. Boards that look nothing alike can share that list, and rooks on a staircase turn out to count the ways to split a set.

probability · Inclusion exclusion
5 couples seated so that no one sits beside a partner. A round table with 10 seats alternating women and men, labelled by couple, arranged so that no man sits next to his partner, with the number of such arrangements.

A round table with no couple together

Seat n couples round a table, men and women alternating, so that nobody sits beside their partner. Once the women are placed the men face a board of forbidden cells that bends round a corner — and that corner is the whole difficulty. The forbidden cells form a cycle, a count of non-adjacent points on a cycle finishes the problem, and the chance of a good seating creeps towards e^(−2) far more slowly than the hat problem reaches 1/e.

probability · Inclusion exclusion
A random labelled tree on 60 points. A tree drawn in horizontal layers by distance from a root point, with the leaves coloured differently from the internal points.

A random tree is one part in e leaves

Choose a labelled tree on n points uniformly at random. A point is a leaf exactly when its label never appears in the tree's Prüfer code, so the share of leaves is (1 − 1/n)^(n − 2) — half the points for a tree on four, 36.8% for a large one, the reciprocal of e. The whole degree distribution follows the same way: one plus a Poisson count with mean one.

discrete · Labelled trees
What a rule collects when every value comes from the same distribution. uniform on [0, 1]: best rule 0.995, one threshold 0.635 of E[max] at n = 200; exponential: best rule 0.905, one threshold 0.678 of E[max] at n = 200; Pareto, tail exponent 2: best rule 0.802, one threshold 0.714 of E[max] at n = 200; Pareto, tail exponent 1.2: best rule 0.802, one threshold 0.682 of E[max] at n = 200.

When every value comes from the same hat

A rule that sees values one at a time and must keep or discard each on the spot can guarantee half of what a prophet collects, and no more, when the values come from different distributions. When they all come from the same one, the guarantee rises to 0.745 — and a single fixed threshold, set so that each value crosses it with chance 1/n, already secures 1 − 1/e. For bounded values the best rule collects nearly everything; only a heavy tail, where one enormous value carries the prize, keeps the gap open.

probability · Optimal stopping

Named alongside it

The objects these essays reach for when they reach for this one.

PermutationDerangementLimitOptimal stoppingThreshold ruleBackward inductionExpectationInclusion exclusionIntegralIrrevocable decisionConditional probabilityCounting argument

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