1.2 The Modeling Process. What is Modeling?. Modeling is the application of methods to analyze complex, real-world problems in order to make predictions about what might happen with various actions. *Στόχος. = “aim” or “guess”. Stochastic* Behavior.
Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.
Modeling is the application of methods to analyze complex, real-world problems in order to make predictions about what might happen with various actions.
= “aim” or “guess”
A system exhibits probabilistic or stochastic behavior if an element of chance exists. A probabilistic or stochastic model exhibits random effects, whereas a deterministic model does not.
A static model does not consider time, whereas a dynamic model changes with time.
Heraclitus (ca. 535–475 BC)
In a continuous model, time changes continuously, while in a discrete model, time changes in incremental steps.
Zeno of Elea (ca. 490 BC? – ca. 430 BC?)
The process of verification determines if the solution works correctly, while the process of validation establishes if the system satisfies the problem’s requirements.