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Mathematical Modeling. What is Mathematical Modeling? Mathematical model – an equation, graph, or algorithm that fits some real data set reasonably well.

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Presentation on theme: "Mathematical Modeling. What is Mathematical Modeling? Mathematical model – an equation, graph, or algorithm that fits some real data set reasonably well."— Presentation transcript:

1 Mathematical Modeling

2 What is Mathematical Modeling? Mathematical model – an equation, graph, or algorithm that fits some real data set reasonably well and that can be used to make predictions. Extrapolation – predictions outside the range of existing data Interpolation – predictions made in between existing data points

3 Interpolation and Extrapolation Interpolation Extrapolation

4 Warning! When making extrapolations, the further one goes from the actual data, the less confident one becomes about one’s predictions. Will the model hold for this length of time?

5 Linear Models

6 Exponential Models


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