The Fast Fourier Transform (FFT) is an algorithm that computes the Discrete Fourier Transform (DFT) and its inverse efficiently. The DFT is a mathematical transformation used to analyze the frequency content of discrete signals, transforming a sequence of complex numbers into another sequence of complex numbers. The basic idea is to express a discrete signal as a sum of sinusoids, which can provide insights into the signal's frequency characteristics.

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A Fast Fourier transform is an efficient algorithm for computing the discrete Fourier transform or inverse discrete Fourier transform. The discrete Fourier transform specifies the mathematical result; a Fast Fourier transform specifies how to compute it. Different Fast Fourier transform algorithms reorganize the same finite sums, with the selected sign and normalization. The Cooley-Tukey FFT algorithm is one important family of Fast Fourier transforms, using factorization of the record length.[ref]
For a power-of-two length, the radix-two Cooley-Tukey FFT algorithm has time complexity in arithmetic operations, compared with for evaluating every sum independently; these are Big O notation growth rates rather than machine timings. It returns the same eight coefficients in the example. In exact arithmetic this reorganization introduces no approximation; actual implementations still incur roundoff error.