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Simulation and Modeling20825 marksTypes of Model

Explain static mathematical model with suitable example.

Explain static mathematical model with suitable example. [5]

A static mathematical model is a type of mathematical model that represents a system at a particular point in time, where the system attribute values do not change over time. It uses symbolic notation and mathematical equations to represent the system, where variables represent system attributes ...

Up nextDefine Markov Chain. Explain with suitable example.