Problem Statement
Problem Statement
interdisciplinary Benefits
1.1 Who was Fibonacci ? and What were his contribution to modern mathematics ?
Fibonacci showed the world how to use what is now our current
numbering system in his book "Liber Abaci," which he published in
1202. The title translates as "The Book of Calculation."
1.2 What is the Fibonacci Sequence ?
Each number, starting with the third, adheres to the prescribed formula.
For example, the seventh number, 8, is preceded by 3 and 5, which add up
to 8. The sequence can theoretically continue to infinity, using the same
formula for each new number.
Some resources show the Fibonacci sequence starting with a one instead
of a zero, but this is fairly uncommon.
1.3 Calculating the Fibonacci Sequence ?
The first two equations are essentially stating that the term in the first
position equals 0 and the term in the second position equals 1. The third
equation is a recursive formula, which means that each number of the
sequence is defined by using the preceding numbers. For example, to
define the fifth number (F4), the terms F2 and F3 must already be defined.
These two numbers, in turn, require that the numbers preceding them are
already defined. The numbers continuously build on each other throughout
the sequence.
The following table shows the position of each term, along with its Fn value
and Fibonacci number, starting with the first term and ending with the 14th.
1.4 : The Rabbit Problem and History of Fibonacci Sequence
To understand the use Fibonacci spiral we must know what phi Φ. This is
the 21st letter of the Greek alphabet, Phi. In math, Phi represents
a number that starts with 1.618033988749895… And goes on
forever without repeating! That’s one reason Phi is an irrational
number.
The Golden Ratio is not the same as Phi, but it’s close! The
Golden Ratio is a relationship between two numbers that are next
to each other in the Fibonacci sequence. When you divide the
larger one by the smaller one, the answer is something close to
Phi. The further you go along the Fibonacci Sequence, the closer
the answers get to Phi. But the answer will never equal Phi
exactly. That’s because Phi cannot be written as a fraction. It’s
irrational!
The Golden Ratio can also be seen using two quantities, like the
lengths of two line segments. Have a look at the lines below. The
blue and green lines have the Golden Ratio. This is because the
length of the longer blue line, divided by the shorter green line, is
the same as the length of the two lines added together (shown in
black) and divided by the blue line. In other words, two quantities
have the Golden Ratio if their ratio is the same as the ratio of
their sum to the larger of the two quantities.
The ratio between sides a and b is Φ or 1.61803… You can see
this written as an equation below:
Suppose the price of a stock rises $10 and then drops $2.36. In that case,
it has retraced 23.6%, which is a Fibonacci number. Fibonacci numbers
are found throughout nature. Therefore, many traders believe that these
numbers also have relevance in financial markets.
Mozart, for instance, based many of his works on the Golden Ratio –
especially his piano sonatas.
1.6 CONCLUSION
In addition to "Liber Abaci," Fibonacci authored several other books
on mathematical topics ranging from geometry to squaring
numbers (multiplying numbers by themselves). The city of Pisa
(technically a republic at that time) honored Fibonacci and granted
him a salary in 1240 for his help in advising Pisa and its citizens on
accounting issues. Fibonacci died between 1240 and 1250 in Pisa.