Everything you need to know about…. Math Models and Personal Finance. The Math Model. What is a Math Model? A Mathematical Representation of a situation, scenario, or set of data Or…
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What is a Math Model?
A Math Model Of A Dropped Ball!
Charlie is offered an initial lump sum of $20 per shift, and he is then paid an additional $2 per hour worked.
Ryan is offered an hourly wage of $8 an hour.
Brent is offered a lump sum of $50 per shift, but isn’t given an hourly wage.
1. Earning and Purchasing
Investigate the graph y = 3(x – h)2 + 5 for various values of h,using technology, and describe the effects of changing h in terms of a transformations.
Explain in a variety of ways how you can distinguish exponential growths represented by y = 2x from quadratic growths represented by y = x2 and linear growth represented by y = 2x
The height, h meters, of a ball after n bounces is given by the equation h = 2(0.6)n . Determine the height of the ball after 3 bounces.
House Prices, Population Growth,andWhat Happened?
The Next Few Slides Make Up A Sample Taken From A Lesson That I Taught
The Ratio of Change:
Similar to the First Difference, we divide the data term from the previous data term to find the Ratio of Change (First Quotient)
What kind of model would we use to represent someone’s income if they are making a certain wage per hour?
What kind of model would we use to represent the flight path of a football?
What kind of model would we use to represent the growth of money in a bank account with interest?
As Shown, the important elements are trend recognition and understanding what the trend means when relating it to real world applications