Calculates from a time parameter and a percentage a value for the amount of a value that remains after 1 period of time
half_life_factor(t, p = 0.5)
t | A number, the time it takes for an initial value to decay to `p`% of the original value |
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p | A number, the percentage to reduce to (defaults to 50%) |
A value in \[0, 1\] that is the percentage that would remain after 1 time period elapses