Simulation and Modeling207610 marksTypes of Model
What do you understand by static mathematical model? Explain with example. Differentiate between stochastic and deterministic activities.
What do you understand by static mathematical model? Explain with example. Differentiate between stochastic and deterministic activities.[10]
--- As stated in the course notes: "A mathematical model uses symbolic notation and mathematical equations to represent a system. The system attributes are represented by variables and the activities are represented by mathematical functions." A mathematical model is therefore an abstract represe...