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Problem: Let A be an unsorted array of n floating numbers. Propose an O(n) time algorithm to compute the (floating-point) number x (not necessarily an element of A) for which max|A[i] - x| is as small as possible for all 1 <= i <= n. (Here |y| means absolute value of y)

Solution: The problem statement can be interpreted as finding a point x such that it's distance from the farthest point is minimized (since, |A[i] - x| is given which is actually distance between two point). Note: we don't need to minimize distance from every point, we just need to minimize the distance of the point which is farthest to it. So we try to put our x as close to the farthest point. But in doing so the point which is near may go far. So the optimal solution is finding the minimum point in the array A (let it be named MN) and finding the maximum point of A (let it be named MX) and the result is the mid-point of these two points, i.e x=(MN+MX)/2. Note: All other point between MN and MX will have distance lesser hence we do not bother it. We could not get more optimal point than this one. Now, MX and MN can be easily determined by travelling once the array. Hence the time complexity is O(n).



Happy Coding!!!



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Problem: Let A be an unsorted array of n floating numbers. Propose an O(n) time algorithm to compute the (floating-point) number x (not necessarily an element of A) for which max|A[i] - x| is as small as possible for all 1 <= i <= n. (Here |y| means absolute value of y)

Solution: The problem statement can be interpreted as finding a point x such that it's distance from the farthest point is minimized (since, |A[i] - x| is given which is actually distance between two point). Note: we don't need to minimize distance from every point, we just need to minimize the distance of the point which is farthest to it. So we try to put our x as close to the farthest point. But in doing so the point which is near may go far. So the optimal solution is finding the minimum point in the array A (let it be named MN) and finding the maximum point of A (let it be named MX) and the result is the mid-point of these two points, i.e x=(MN+MX)/2. Note: All other point between MN and MX will have distance lesser hence we do not bother it. We could not get more optimal point than this one. Now, MX and MN can be easily determined by travelling once the array. Hence the time complexity is O(n).



Happy Coding!!!

BY Competitive Programming


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Telegram hopes to raise $1bn with a convertible bond private placement

The super secure UAE-based Telegram messenger service, developed by Russian-born software icon Pavel Durov, is looking to raise $1bn through a bond placement to a limited number of investors from Russia, Europe, Asia and the Middle East, the Kommersant daily reported citing unnamed sources on February 18, 2021.The issue reportedly comprises exchange bonds that could be converted into equity in the messaging service that is currently 100% owned by Durov and his brother Nikolai.Kommersant reports that the price of the conversion would be at a 10% discount to a potential IPO should it happen within five years.The minimum bond placement is said to be set at $50mn, but could be lowered to $10mn. Five-year bonds could carry an annual coupon of 7-8%.

Start with a fresh view of investing strategy. The combination of risks and fads this quarter looks to be topping. That means the future is ready to move in.Likely, there will not be a wholesale shift. Company actions will aim to benefit from economic growth, inflationary pressures and a return of market-determined interest rates. In turn, all of that should drive the stock market and investment returns higher.

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