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In biology, optimality models are a tool used to evaluate the costs and benefits of different organismal features, traits, and characteristics, including behavior, in the natural world. This evaluation allows researchers to make predictions about an organism's optimal behavior or other aspects of its phenotype .
Scientific modelling is an activity that produces models representing empirical objects, phenomena, and physical processes, to make a particular part or feature of the world easier to understand, define, quantify, visualize, or simulate.
A research design that involves multiple measures of the same variable taken on the same or matched subjects either under different conditions or over two or more time periods. [ 1 ] Paired t-test , Wilcoxon signed-rank test
Modelling biological systems is a significant task of systems biology and mathematical biology. [a] Computational systems biology [b] [1] aims to develop and use efficient algorithms, data structures, visualization and communication tools with the goal of computer modelling of biological systems.
a design that is optimal for a given model using one of the . . . criteria is usually near-optimal for the same model with respect to the other criteria. — [ 16 ] Indeed, there are several classes of designs for which all the traditional optimality-criteria agree, according to the theory of "universal optimality" of Kiefer . [ 17 ]
The profit model is the linear, deterministic algebraic model used implicitly by most cost accountants. Starting with, profit equals sales minus costs, it provides a structure for modeling cost elements such as materials, losses, multi-products, learning, depreciation etc. It provides a mutable conceptual base for spreadsheet modelers.
In order to perform a profitability analysis, all costs of an organisation have to be allocated to output units by using intermediate allocation steps and drivers. This process is called costing. When the costs have been allocated, they can be deducted from the revenues per output unit. The remainder shows the unit margin of a product, client ...
Financial modeling is the task of building an abstract representation (a model) of a real world financial situation. [1] This is a mathematical model designed to represent (a simplified version of) the performance of a financial asset or portfolio of a business, project, or any other investment.