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The MECC started in 2022 and combines elements of the Financial Modeling World Cup and the Microsoft Excel World Championship, targeting college students. Contestants solve problems, in the form of case studies, using the spreadsheet software. Competitors are ranked through multiple rounds of timed competition, including an in-person final round.
SolverStudio is a free Excel plug-in developed at the University of Auckland [1] that supports optimization and simulation modelling in a spreadsheet using an algebraic modeling language. It is popular in education, [ 2 ] the public sector [ 3 ] and industry for optimization users because it uses industry-standard modelling languages and is ...
NLOGIT – comprehensive statistics and econometrics package; nQuery Sample Size Software – Sample Size and Power Analysis Software [5] O-Matrix – programming language; OriginPro – statistics and graphing, programming access to NAG library; PASS Sample Size Software (PASS) – power and sample size software from NCSS
There are two branches in statistics: ‘Descriptive statistics’’ and ‘’ Inferential statistics. Descriptive statistics involves methods of organizing, picturing and summarizing information from data. Inferential statistics involves methods of using information from a sample to draw conclusions about the Population.
In statistics, the reference class problem is the problem of deciding what class to use when calculating the probability applicable to a particular case.. For example, to estimate the probability of an aircraft crashing, we could refer to the frequency of crashes among various different sets of aircraft: all aircraft, this make of aircraft, aircraft flown by this company in the last ten years ...
It employs template classes, and has optional links to BLAS and LAPACK. The syntax is similar to MATLAB. Blitz++ is a high-performance vector mathematics library written in C++. Boost.uBLAS C++ libraries for numerical computation; deal.II is a library supporting all the finite element solution of partial differential equations.
Given a transformation between input and output values, described by a mathematical function, optimization deals with generating and selecting the best solution from some set of available alternatives, by systematically choosing input values from within an allowed set, computing the output of the function and recording the best output values found during the process.
Microsoft Math contains features that are designed to assist in solving mathematics, science, and tech-related problems, as well as to educate the user. The application features such tools as a graphing calculator and a unit converter. It also includes a triangle solver and an equation solver that provides step-by-step solutions to each problem.